Bill Summary for S 208 (2023-2024)
Mar 6 2023
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AN ACT CLARIFYING THE TYPE OF PROPERTY THAT SHALL REVERT TO THE ORIGINAL GRANTOR IF THE GREATER ASHEVILLE REGIONAL AIRPORT CEASES TO OPERATE OR THE GREATER ASHEVILLE REGIONAL AIRPORT AUTHORITY IS DISSOLVED.Intro. by Moffitt.
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Amends SL 2012-121 by specifying that if the Greater Ashville Regional Airport ceases to operate or if the Greater Asheville Regional Airport Authority is dissolved, then any applicable real property of Buncombe or Henderson counties or Asheville that is conveyed or transferred to the Authority and not subsequently sold or exchanged for another property by the Authority will revert to the grantor.