North Carolina General Statutes Chapter 116. Higher Education § 116-41.14. Distinguished Professors Endowment Trust Fund; establishment; maintenance

Current as of January 01, 2023 | Updated by Findlaw Staff

There is established a Distinguished Professors Endowment Trust Fund to be maintained by the Board to provide challenge grants to the constituent institutions. All appropriated funds deposited into the trust fund shall be invested pursuant to G.S. 116-36. Interest income accruing to that portion of the trust fund not matched shall increase the total funds available for challenge grants.

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Cite this article: FindLaw.com - North Carolina General Statutes Chapter 116. Higher Education § 116-41.14. Distinguished Professors Endowment Trust Fund; establishment; maintenance - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-116-higher-education/nc-gen-st-sect-116-41-14/

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