State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_111 > GS_111-12_5

§ 111‑12.5. Reserve and operating capital fund.

Funds now held by the Bureau of Employment of the North Carolina StateCommission for the Blind or its successor organization not exceeding onehundred thousand dollars ($100,000) shall be retained by the Department ofHealth and Human Services as a reserve and operating capital fund to beexpended by the Department of Health and Human Services for its lawful purposesand objectives in accordance with this Chapter. (1967, c. 1214; 1973, c. 476, s. 143; 1997‑443,s. 11A.118(a).)