-
-
No events on calendar for this bill.
-
Ch. SL 2021-65Senate | 2021-07-02RatifiedSenate | 2021-07-02Ordered EnrolledHouse | 2021-06-30Passed 3rd ReadingHouse | 2021-06-30Passed 2nd ReadingHouse | 2021-06-30Added to CalendarHouse | 2021-06-30Cal Pursuant Rule 36(b)House | 2021-06-30Reptd FavHouse | 2021-06-30Re-ref Com On Rules, Calendar, and Operations of the HouseHouse | 2021-06-29Reptd FavHouse | 2021-06-29Re-ref Com On Local GovernmentHouse | 2021-06-15Reptd FavHouse | 2021-06-15Re-ref to the Com on Finance, if favorable, Local Government, if favorable, Rules, Calendar, and Operations of the HouseHouse | 2021-06-08Withdrawn From ComHouse | 2021-06-08Ref To Com On Rules, Calendar, and Operations of the HouseHouse | 2021-05-13Passed 1st ReadingHouse | 2021-05-13Special Message Received From SenateHouse | 2021-05-13Special Message Sent To HouseSenate | 2021-05-13Passed 3rd ReadingSenate | 2021-05-13Passed 2nd ReadingSenate | 2021-05-13Reptd FavSenate | 2021-05-12Re-ref Com On Rules and Operations of the SenateSenate | 2021-05-11Reptd FavSenate | 2021-05-11Re-ref to Finance. If fav, re-ref to Rules and Operations of the SenateSenate | 2021-05-05Withdrawn From ComSenate | 2021-05-05Ref To Com On Rules and Operations of the SenateSenate | 2021-02-10Passed 1st ReadingSenate | 2021-02-10FiledSenate | 2021-02-09
-
CHARTERS
INVESTMENTS
LOCAL
LOCAL GOVERNMENT
MUNICIPALITIES
RATIFIED
SESSION LAWS
CHAPEL HILL
ORANGE COUNTY
CHAPTERED
-
-
Orange
-
-
-
S74: Town of Chapel Hill Charter/Investments. Latest Version
Session: 2021 - 2022
GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2021
SESSION LAW 2021-65
SENATE BILL 74
AN ACT AMENDING THE CHARTER OF THE town of chapel hill TO AUTHORIZE THE TOWN TO invest employee benefit funds held in trust in one or more of the types of securities or other investments authorized by state law for the state treasurer.
The General Assembly of North Carolina enacts:
SECTION 1. Chapter IV of the Charter of the Town of Chapel Hill, being Chapter 473 of the Session Laws of 1975, as amended, is amended by adding a new Article to read as follows:
Article 5. Investments.
Sec. 4.30. Investments. In addition to the authority granted in G.S. 159‑30, the Town, or any governing body, agency, person, or other corporation that contracts with the Town, may invest and reinvest any of the Town's employee benefit funds held in trust, risk reserve funds, and capital reserves, as designated from time to time by the Town's governing body, in one or more of the types of securities or other investments authorized by State law for the State Treasurer in G.S. 147‑69.2(b)(1) through (6) and (8).
Sec. 4.31. through Sec. 4.40. RESERVED.
SECTION 2. This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 2nd day of July, 2021.
s/ Carl Ford
Presiding Officer of the Senate
s/ Matthew Winslow
Presiding Officer of the House of Representatives