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Financial Powers of the State Board of Education

N.C. Gen. Stat. § 115C-408— Funds under control of the State Board of Education
N.C. Gen. Stat. § 115C-409— Power to accept federal funds and aid
N.C. Gen. Stat. § 115C-410— Power to accept gifts and grants
N.C. Gen. Stat. § 115C-411— Authority to invest school funds
N.C. Gen. Stat. § 115C-412— Power to purchase at mortgage sales
N.C. Gen. Stat. § 115C-413— Power to adjust debts
N.C. Gen. Stat. § 115C-414— State Board as successor to powers of abolished commissions and boards
N.C. Gen. Stat. § 115C-416— Power to allot funds for teachers and other personnel
N.C. Gen. Stat. § 115C-417— Availability of funds allocated for staff development
N.C. Gen. Stat. § 115C-419— Full-time equivalent student calculation; report