State Codes and Statutes

Statutes > North-carolina > Chapter_116 > GS_116-209_15

§ 116‑209.15. Merger of trust fund.

The Authority may merge into the Loan Fund the trust fund establishedpursuant to G.S. 116‑209 hereof and may transfer from such trust fund tothe credit of the Loan Fund all money, investments and other assets and resourcescredited to such trust fund, for application and use in accordance with theprovisions of this Article  pertaining to the Loan Fund, including the power topay expenses of the Authority from the Loan Fund to the extent that other fundsare not available therefor. (1967, c. 1177.)

State Codes and Statutes

Statutes > North-carolina > Chapter_116 > GS_116-209_15

§ 116‑209.15. Merger of trust fund.

The Authority may merge into the Loan Fund the trust fund establishedpursuant to G.S. 116‑209 hereof and may transfer from such trust fund tothe credit of the Loan Fund all money, investments and other assets and resourcescredited to such trust fund, for application and use in accordance with theprovisions of this Article  pertaining to the Loan Fund, including the power topay expenses of the Authority from the Loan Fund to the extent that other fundsare not available therefor. (1967, c. 1177.)


State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_116 > GS_116-209_15

§ 116‑209.15. Merger of trust fund.

The Authority may merge into the Loan Fund the trust fund establishedpursuant to G.S. 116‑209 hereof and may transfer from such trust fund tothe credit of the Loan Fund all money, investments and other assets and resourcescredited to such trust fund, for application and use in accordance with theprovisions of this Article  pertaining to the Loan Fund, including the power topay expenses of the Authority from the Loan Fund to the extent that other fundsare not available therefor. (1967, c. 1177.)