N.C. Gen. Stat. § 143B-437.75

Current through Session Law 2024-11
Section 143B-437.75 - Cash flow requirements

Notwithstanding any other provision of law, moneys allocated from the One North Carolina Fund shall be budgeted and funded on a cash flow basis. The Department of Commerce shall disburse funds in an amount sufficient to satisfy Fund allocations to be transferred pursuant to G.S. 143B-437.72 to be paid during the fiscal year. It is the intent of the General Assembly to appropriate funds annually to the One North Carolina Fund established in this Part in amounts sufficient to meet the anticipated cash requirements for each fiscal year.

N.C. Gen. Stat. § 143B-437.75

Amended by 2016 N.C. Sess. Laws 94,s. 15.2-b, eff. 7/1/2016.
Added by 2012 N.C. Sess. Laws 142,s. 13.6-e, eff. 7/1/2012.