North Carolina General Statutes Chapter 122E. North Carolina Housing Trust and Oil Overcharge Act § 122E-3. North Carolina Housing Trust Fund

Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

(a) There is established a North Carolina Housing Trust Fund, separate and distinct from the General Fund.

(b) The Fund shall consist of monies received under this act and any other sources of revenue, public or private, dedicated for inclusion in the Fund.

(c) The State Treasurer shall serve as trustee for the Fund.  The Treasurer shall invest the North Carolina Housing Trust Fund revenues he receives as provided in G.S. 147-69.2(b) .  The Treasurer shall provide the Agency with quarterly and annual reports of Fund revenues and interest earnings.

Cite this article: FindLaw.com - North Carolina General Statutes Chapter 122E. North Carolina Housing Trust and Oil Overcharge Act § 122E-3. North Carolina Housing Trust Fund - last updated January 01, 2020 | https://codes.findlaw.com/nc/chapter-122e-north-carolina-housing-trust-and-oil-overcharge-act/nc-gen-st-sect-122e-3.html


FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

Copied to clipboard