NORTH CAROLINA GENERAL ASSEMBLY

1973 SESSION

CHAPTER 1159

HOUSE BILL 1937

AN ACT TO AMEND CHAPTER 412 OF THE SESSION LAWS OF 1969 RELATING TO THE REIDSVILLE FIREMEN'S SUPPLEMENTAL RETIREMENT FUND.

The General Assembly of North Carolina enacts:

Section 1.  Chapter 412 of the Session Laws of 1969 is hereby amended by adding a new Section 5.1 reading as follows:

"Administrative Costs. The Board of Trustees shall pay from the Local Firemen's Relief Fund the cost of each annual audit and all other necessary expenses incurred in the administration of the Fund."

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

In the General Assembly read three times and ratified, this the 4th day of April, 1974.