AN ACT to REPEAL the lincolnton firemen's supplemental retirement fund.

The General Assembly of North Carolina enacts:

SECTION 1.  Chapter 2 of Article V of the Charter of Lincolnton, as revised and consolidated by Section 1 of Chapter 341 of the 1979 Session Laws, is repealed.
SECTION 2.  All funds remaining in the Lincolnton Firemen's Supplemental Retirement Fund are transferred to the Board of Trustees of the Firemen's Local Relief Fund of the City of Lincolnton, to be held and administered as provided in Article 84 of Chapter 58 of the General Statutes.
SECTION 3.  This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 29th day of July, 2002.

	s/	 Beverly E. Perdue
	 President of the Senate

	s/	 James B. Black
	 Speaker of the House of Representatives