N.C. Gen. Stat. § 136-16.10
Allocations by Department Chief Financial Officer to eliminate overdrafts
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
The Chief Financial Officer of the Department of Transportation shall allocate at the beginning of each fiscal year from the various appropriations made to the Department of Transportation for State Construction, State Funds to Match Federal Highway Aid, State Maintenance, and Ferry Operations, sufficient funds to eliminate all overdrafts on State maintenance and construction projects, and these allocations shall not be diverted to other purposes.
The Chief Financial Officer of the Department of Transportation shall allocate at the beginning of each fiscal year from the various appropriations made to the Department of Transportation for State Construction, State Funds to Match Federal Highway Aid, and State Maintenance sufficient funds to eliminate all overdrafts on State maintenance and construction projects, and these allocations shall not be diverted to other purposes.
History
(1997-443, s. 32.3; 2010-165, s. 2.)
Effect of Amendments. - Session Laws 2010-165, s. 2, effective August 2, 2010, in the section catchline and text, substituted "Chief Financial Officer" for "Controller."
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.