NORTH CAROLINA GENERAL ASSEMBLY

1973 SESSION

CHAPTER 1114

SENATE BILL 1199

AN ACT TO AMEND G.S. 135-6 TO INCREASE THE MEMBERSHIP OF THE RETIREMENT SYSTEM'S BOARD OF TRUSTEES.

The General Assembly of North Carolina enacts:

Section 1.  G.S. 135-6(b) as the same appears in the 1973 Cumulative Supplement to Volume 3B of the General Statutes is hereby amended by striking out the figure "10" in subsection (b), line 1 and inserting in lieu thereof the figure "12" and is further amended by replacing the period at the end of sub-subsection (3) with a semicolon and adding the following to subsection (b):

"(4)      Two members, one a member of the House of Representatives, appointed by the Speaker of the House; and one a member of the Senate, appointed by the President of the Senate, neither of which shall be an active or retired teacher or State employee or an employee of a unit of local government to serve terms beginning on the effective date of this act and to continue for the duration of their current terms of office. Thereafter, their successors shall be appointed for two-year terms to run concurrently with the organization of the General Assembly."

Sec. 2.  This act shall become effective upon ratification.

In the General Assembly read three times and ratified, this the 3rd day of April, 1974.