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N.C. Gen. Stat. § 143-64.21

Findings to be made by Governor

Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
The Governor, before granting written approval of any such contract, must find:
The Governor, before granting written approval of any such contract, must find:
(1) That the contract is reasonably necessary to the proper function of such State agency; and
(1) That the contract is reasonably necessary to the proper function of such State agency; and
(2) That such services or advice cannot be performed within the resources of such State agency;
(2) That such services or advice cannot be performed within the resources of such State agency;
(3) That the estimated cost is reasonable as compared with the likely benefits or results; and
(3) That the estimated cost is reasonable as compared with the likely benefits or results; and
(4) That the General Assembly has appropriated funds for such contract or that such funds are otherwise available; and
(4) That the General Assembly has appropriated funds for such contract or that such funds are otherwise available; and
(5) That all rules and regulations of the Department of Administration have been or will be complied with.
(5) That all rules and regulations of the Department of Administration have been or will be complied with.
History
(1975, c. 879, s. 46; c. 887, s. 2.)
Opinions of Attorney General
Compensation of Expert Retained to Assist in Reviewing Proposed Acquisition of Control. - Prior to granting written approval for a contract for the Commissioner of Insurance to retain an expert to assist in reviewing a proposed acquisition of control, the Governor must find that the estimated cost is reasonable as compared with the likely benefits or results. See opinion of Attorney General to Peter A. Kolbe, General Counsel, North Carolina Department of Insurance, 2001 N.C. AG LEXIS 29 (10/3/01).

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.