Failed at step EXEC spawning /etc/rc.d/rc.local: Exec format error

Issue

• Failed at step EXEC spawning /etc/rc.d/rc.local: Exec format error

  [root@vc2crtpb148242n ~]# systemctl status rc-local.service
  ● rc-local.service - /etc/rc.d/rc.local Compatibility
  Loaded: loaded (/usr/lib/systemd/system/rc-local.service; static; vendor preset: disabled)
    Active: failed (Result: exit-code) since Tue 2016-10-25 17:59:19 EDT; 1min 32s ago
   Process: 1478 ExecStart=/etc/rc.d/rc.local start (code=exited, status=203/EXEC)
  
  Oct 25 17:59:19 vc2crtpb148242n systemd[1]: Starting /etc/rc.d/rc.local Compatibility...
  Oct 25 17:59:19 vc2crtpb148242n systemd[1478]: Failed at step EXEC spawning /etc/rc.d/rc.local: Exec format error
  Oct 25 17:59:19 vc2crtpb148242n systemd[1]: rc-local.service: control process exited, code=exited status=203
  Oct 25 17:59:19 vc2crtpb148242n systemd[1]: Failed to start /etc/rc.d/rc.local Compatibility.
  Oct 25 17:59:19 vc2crtpb148242n systemd[1]: Unit rc-local.service entered failed state.
  Oct 25 17:59:19 vc2crtpb148242n systemd[1]: rc-local.service failed.
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