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North Carolina General Statutes Chapter 159. Local Government Finance § 159-20. Funding capital reserve funds

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

Capital reserve funds may be funded by appropriations from any other fund consistent with the limitations imposed in G.S. 159-13(b). When moneys or investment securities, the use of which is restricted by law, come into a capital reserve fund, the identity of such moneys or investment securities shall be maintained by appropriate accounting entries.

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Cite this article: FindLaw.com - North Carolina General Statutes Chapter 159. Local Government Finance § 159-20. Funding capital reserve funds - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-159-local-government-finance/nc-gen-st-sect-159-20/

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