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North Carolina General Statutes Chapter 121. Archives and History § 121-17. Funds deposited with trustee

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

The Governor as Director of the Budget shall have full authority and discretion to approve the acceptance of donations of cash or securities irrevocably deposited with a trustee in lieu of any requirement that funds provided by outside sources be turned over to the State, and funds or securities placed in trust by private donors for such purpose shall be deemed to be funds turned over to the State for acquisition and restoration of the Palace.

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Cite this article: FindLaw.com - North Carolina General Statutes Chapter 121. Archives and History § 121-17. Funds deposited with trustee - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-121-archives-and-history/nc-gen-st-sect-121-17/

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