GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 1997

SESSION LAW 1998-54
SENATE BILL 1451

AN ACT TO REPEAL THE CHARTER OF THE VILLAGE OF SLOOP POINT.

The General Assembly of North Carolina enacts:

Section 1.  Chapter 643 of the 1995 Session Laws is repealed.
Section 2.  This act is effective when it becomes law, except that the governing board of the Village of Sloop Point as of that date is continued in office for 30 days thereafter for the sole purpose of liquidating the assets and liabilities of the Village and filing any financial reports that may be required by law.  Any net assets of the Village shall be paid over to Pender County, which shall use those funds for some public purpose.
In the General Assembly read three times and ratified this the 22nd day of July, 1998.
s/	Dennis A. Wicker
President of the Senate

s/	Harold J. Brubaker
Speaker of the House of Representatives