A BILL TO BE ENTITLED
AN ACT authorizing the southeast regional airport authority to convey real or personal property belonging to the authority BY PRIVATE NEGOTIATION AND SALE OR LONG‑TERM LEASE.
The General Assembly of North Carolina enacts:
SECTION 1.  Section 4 of S.L. 2020‑19 reads as rewritten:
"SECTION 4.  Powers; Duties. – The Authority shall have the following powers and duties:
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(3)	Notwithstanding the provisions of Article 12 of Chapter 160A of the General Statutes, to convey by private negotiation and sale, or to lease for a term of more than 10 years without it being treated as a sale, under the terms and conditions it deems proper, any or all of its right, title, and interest in Authority real or personal property, but no sale of real property shall be made without the approval of the City of Laurinburg City Council, Town of Maxton Town Council, and Scotland County Board of Commissioners.
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SECTION 2.  This act is effective when it becomes law.