GENERAL ASSEMBLY OF NORTH CAROLINA

1983 SESSION

 

 

CHAPTER 1010

HOUSE BILL 1594

 

AN ACT TO AMEND THE DISTRIBUTION OF PROCEEDS FROM THE OPERATION OF LIQUOR STORES IN THE TOWN OF CALABASH.

 

The General Assembly of North Carolina enacts:

 

Section 1.  Chapter 1179 of the 1973 Session Laws of North Carolina, Second Session 1974, is amended by rewriting Section 6 to read as follows:

"Sec. 6. The net profits derived from the operation of liquor control stores in the Town of Calabash shall, after deducting necessary working capital, salaries, and expenses, be distributed quarterly as follows:

70% to the General Fund of the town to be used for any lawful purpose including a yearly appropriation to the Brunswick County School System.

15% to the nearest Volunteer Fire Department for the purpose of providing fire protection to the Town of Calabash.

15% to the nearest rescue squad providing service to the Town of Calabash."

Sec. 2.  This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 28th day of June, 1984.