NORTH CAROLINA GENERAL ASSEMBLY

1979 SESSION

CHAPTER 908

SENATE BILL 879

AN ACT TO REDUCE THE NUMBER OF PERSONS REQUIRED TO FORM AN AGRICULTURAL COOPERATIVE MARKETING ASSOCIATION.

The General Assembly of North Carolina enacts:

Section 1.  G.S. 54-131 is hereby amended by deleting the words "Five or more persons" in line 1 and substituting in lieu thereof the words "Three or more persons".

Sec. 2.  G.S. 54-134 is hereby amended by deleting the words "(not less than five)" in line 12.

Sec. 3.  G.S. 54-146 is hereby amended by deleting the words "not less than five directors" in line 2 and substituting in lieu thereof the words "not less than three directors".

Sec. 4.  This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 8th day of June, 1979.