Revises and consolidates the Cramerton Town Charter. Repeals SL 1967-1061 (incorporating the Town). Sets out provisions concerning incorporation and corporate powers and the corporate boundaries. Provides that the town is governed by the oard of commissioners and the mayor and sets out their terms and related provisions. Also provides for regular and special elections and referenda. Provides that the town will operate under a council-manager form of government and provides for the appointment of a town attorney, clerk, tax collector, and administration and department heads.

Provides that the act does not affect terms of the current mayor and board of commissioners nor does it abate or affect any action of proceedings pending at the effective date of the act. Specifies statutes and session laws not affected by the act.