AN ACT to amend the law that authorized the governing body of the town of highlands to establish and administer a scholarship program for graduates of highlands high school to provide that the governing body has more discretion with regard to the administration of the scholarship program.

The General Assembly of North Carolina enacts:

SECTION 1.  Section 3 of S.L. 1975‑332 reads as rewritten:
"Sec. 3. The governing body of the Town of Highlands is authorized to administer a scholarship program for the benefit of graduates of Highlands High School, upon the terms the governing body deems appropriate, subject to applicable law."
SECTION 2.  Section 4 of S.L. 1975‑332 is repealed.
SECTION 3.  Section 5 of S.L. 1975‑332 reads as rewritten:
"Sec. 5. No member of the town governing body shall receive any compensation for services rendered under this act."
SECTION 4.  Section 5.2 of the Charter of the Town of Highlands, being Chapter 519 of the Session Laws of 1991, reads as rewritten:
"Sec. 5.2. Scholarship Program. The Town's scholarship program for graduates of Highlands High School shall continue to be administered as provided in Chapter 332, Session Laws of 1975 as amended."
SECTION 5.  This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 22nd day of June, 2010.

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		 Walter H. Dalton
	 President of the Senate

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		 Joe Hackney
	 Speaker of the House of Representatives