N.C. Gen. Stat. § 159G-42

Current through Session Law 2024-53
Section 159G-42 - Disbursement of loan or grant

The Department must disburse the proceeds of a loan or grant to a recipient in a series of payments based on the progress of the project for which the loan or grant was awarded. To obtain a payment, a loan or grant recipient must submit a request for payment to the Department and document the expenditures for which the payment is requested.

N.C. Gen. Stat. § 159G-42

Added by 2005 N.C. Sess. Laws 454, s. 3, eff. 1/1/2006.