N.C. Gen. Stat. § 131A-32

Current through Session Law 2024-56
Section 131A-32 - The Rural Health Care Stabilization Fund

The Rural Health Care Stabilization Fund is created as a nonreverting special fund in the Office of State Budget and Management. The Fund shall operate as a revolving fund consisting of funds appropriated to, or otherwise received by, the Rural Health Care Stabilization Program and all funds received as repayment of the principal of or interest on a loan made from the Fund. The State Treasurer is the custodian of the Fund and shall invest its assets in accordance with G.S.147-69.2 and G.S.147-69.3. Moneys in the Fund shall only be used for loans made pursuant to this Article.

N.C. Gen. Stat. § 131A-32

Added by 2019 N.C. Sess. Laws 240,s. 27.2, eff. 11/6/2019.