NORTH CAROLINA GENERAL ASSEMBLY

1973 SESSION

 

 

CHAPTER 1350

SENATE BILL 1466

 

 

AN ACT TO EXEMPT THE NORTH CAROLINA STATE PORTS AUTHORITY FROM THE PROVISIONS OF ARTICLE 3 OF CHAPTER 143 OF THE GENERAL STATUTES IN SELLING ITS RAILROAD EQUIPMENT.

 

The General Assembly of North Carolina enacts:

 

Section 1.  The North Carolina State Ports Authority, for the purpose of disposing of its railroad equipment only, is hereby exempted from the provisions of Article 3 of Chapter 143 of the General Statutes dealing with the disposal of surplus property and any rules and regulations which may have been adopted by the Department of Administration in regard to the disposal of such property.

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

In the General Assembly read three times and ratified, this the 12th day of April, 1974.