North Carolina Statutes

§ 115C-162 — Use of proceeds derived from production work

North Carolina·Ch. 115C Elementary and Secondary Education·Art. 10 Career and Technical Education·Subch. IV EDUCATION PROGRAM
Unless elsewhere authorized in these statutes, local boards of education shall deposit to the appropriate school account, no later than the end of the next business day after receipt of funds, all proceeds derived from the sale of products or services from production work experiences. These proceeds shall be established as a revolving fund to be used solely in operating and improving career and technical education programs. (1977, c. 490, s. 4; 1981, c. 423, s. 1; 1993, c. 180, s. 3; 2017-57, s. 7.23H(e).)

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