GENERAL ASSEMBLY OF NORTH CAROLINA
1987 SESSION
CHAPTER 731
AN ACT TO EXTEND THE SUNSET PROVISION IN THE RISK SHARING PLAN ACT OF 1986.
The General Assembly of North Carolina enacts:
Section 1. Section 13 of Chapter 7 of the Session Laws of the Extra Session 1986 reads as rewritten:
"Sec. 13. This act is effective upon
ratification and shall expire on June 30, 1988. Within 30 days
after the effective date of this act the boards of directors of the FAIR Plan
and the Beach Plan shall each submit a revised plan of operation for approval
by the Commissioner in accordance with G.S. 58-173.21(b) and G.S. 58-173.7,
respectively."
Sec. 2. Article 37 of Chapter 58 of the General Statutes is amended by adding a new section to read:
"§ 58-461. Expiration.-This Article shall expire on July 1, 1989."
Sec. 3. This act is effective upon ratification.
In the General Assembly read three times and ratified this the 6th day of August, 1987.