North Carolina § 106-1018 Forest Development Fund

North Carolina Statutes

§ 106-1018 — Forest Development Fund

North Carolina § 106-1018

Ch. 106Agriculture

Art. 83Forest Development Act

This text of North Carolina § 106-1018 (Forest Development Fund) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.C. Gen. Stat. § 106-1018 (2026).

Text

(a)The Forest Development Fund is created in the Department as a special fund. Revenue in the Fund does not revert at the end of a fiscal year, and interest and other investment income earned by the Fund accrues to it. The Fund is created to provide revenue to implement this Article. The Fund consists of the following revenue:

(1)Assessments on primary forest products collected under Article 84 of this Chapter.

(2)General Fund appropriations.

(3)Gifts and grants made to the Fund.

(b), (c) Repealed by Session Laws 1997-352, s. 3.

(d)In any fiscal year, no more than five percent (5%) of the available funds generated by the Primary Forest Product Assessment Act may be used for program support under G.S. 106-1013(c).

(e)Funds used for the purchase of equipment under G.S. 106-1013(d) shal

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(a) The Forest Development Fund is created in the Department as a special fund. Revenue in the Fund does not revert at the end of a fiscal year, and interest and other investment income earned by the Fund accrues to it. The Fund is created to provide revenue to implement this Article. The Fund consists of the following revenue:
(1) Assessments on primary forest products collected under Article 84 of this Chapter.
(2) General Fund appropriations.
(3) Gifts and grants made to the Fund.
(b), (c) Repealed by Session Laws 1997-352, s. 3.
(d) In any fiscal year, no more than five percent (5%) of the available funds generated by the Primary Forest Product Assessment Act may be used for program support under G.S. 106-1013(c).
(e) Funds used for the purchase of equipment under G.S. 106-1013(d) shall be limited to appropriations from the General Fund to the Forest Development Fund designated specifically for equipment purchase. (1977, c. 562, s. 8; c. 771, s. 4; 1981, c. 1127, s. 45; 1989, c. 727, s. 218(75); 1997-352, s. 3; 1997-443, s. 11A.119(a); 2011-145, s. 13.25(gg), (hh); 2019-177, s. 5.2(a).)
§ 106-1019: Reserved for future codification purposes.
§ 106-1020: Reserved for future codification purposes.
§ 106-1021: Reserved for future codification purposes.
§ 106-1022: Reserved for future codification purposes.
§ 106-1023: Reserved for future codification purposes.
§ 106-1024: Reserved for future codification purposes.