AN ACT to limit members of the university of North carolina Board of governors to three terms, and by establishing a process for selection of a president of the UNIVERSITY of north carolina.

The General Assembly of North Carolina enacts:

SECTION 1.  G.S. 116‑6(e) reads as rewritten:
"(e)	Beginning with elections held on or after January 1, 2017, no person may be elected 
	to more than three full four‑year terms. Election for a partial term to fill a vacancy as provided in G.S. 116‑7 shall not count toward the three‑term limitation.

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SECTION 1.5.  G.S. 116‑14 is amended by adding a new subsection to read:
"(a1)	The Board shall use the following process whenever the Board conducts a search for a President of The University of North Carolina:
(1)	At least three final candidates shall be submitted to the full Board from which the full Board shall make its selection for the President.
(2)	The Board shall conduct a vote on the selection of the President and the candidate shall receive a majority of votes of the entire Board in order to be elected President of The University of North Carolina.
(a2)	The Board may appoint an interim President. Subsection (a1) of this section shall not apply to the appointment of an interim President under this subsection. The Interim President shall serve until the Board appoints a President of The University of North Carolina using the procedures specified in subsection (a1) of this section."
SECTION 2.  This act is effective when it becomes law. Members of the Board of Governors of The University of North Carolina who would otherwise be affected by this act shall nevertheless complete the full term to which they were elected.
In the General Assembly read three times and ratified this the 30th day of September, 2015.

	s/	 Daniel J. Forest
	 President of the Senate

	s/	 Tim Moore
	 Speaker of the House of Representatives

	_____________________________________
		 Pat McCrory
	 Governor

Approved __________.m. this ______________ day of ___________________, 2015