AN ACT to Authorize an existing charter school to elect to participate in the teachers' and state employees' retirement system.

The General Assembly of North Carolina enacts:

SECTION 1.  Notwithstanding the time limitation contained in G.S. 135‑5.3, the Board of Directors of Evergreen Charter School, a charter school located in Asheville, may elect to become a participating employer in the Teachers' and State Employees' Retirement System in accordance with Article 1 of Chapter 135 of the General Statutes. The election authorized by this section shall be made no later than 30 days after the effective date of this act and shall be made in accordance with all other requirements of G.S. 135‑5.3.
SECTION 2.  This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 16th day of August, 2005.

	s/	 Marc Basnight
	 President Pro Tempore of the Senate

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

	s/	 Michael F. Easley
	 Governor

Approved 12:10 p.m. this 25th day of August, 2005