§ 106-568.29. Subsequent referendum after defeat of assessment. - North Carolina Statutes

§ 106‑568.29. Subsequent referendum after defeat of assessment.

In the event any referendum conducted as provided for in this Articleshall not be supported by two‑thirds or more of those voting therein,then the board of directors of Tobacco Associates, Incorporated shall have fullpower and authority to call another referendum for the purposes herein setforth in any succeeding year, on the question of an annual assessment for thenext three tobacco marketing years or less. If the referendum is carried asprovided in this Article, then the assessments may be levied and collected asprovided in this Article. (1959, c. 309, s. 12; 1989, c. 349, s. 4.)