HOUSE BILL 1401
AN ACT REGARDING THE DISTRIBUTION OF DARE COUNTY ABC PROFITS
The General Assembly of North Carolina enacts:
Section 1. Chapter 201 of the Session Laws of 1965, as amended by Chapter 1132 of the 1980 Session Laws, is amended by rewriting subsection A. of Section 1 to read:
"A. Fifteen percent (15%) of the total of those funds to be equally divided among the incorporated towns within Dare County, and those sums shall go to the general fund of each of the incorporated towns to be used for any necessary governmental purpose as determined by the governing body of each town."
Sec. 2. This act is effective upon ratification.
In the General Assembly read three times and ratified, this the 9th day of October, 1981.