North Carolina Statutes
§ 115C-449 — Proceeds of insurance claims
North Carolina § 115C-449
JurisdictionNorth Carolina
Ch. 115CElementary and Secondary Education
Art. 31The School Budget and Fiscal Control Act
Subch. VIIFISCAL AFFAIRS
This text of North Carolina § 115C-449 (Proceeds of insurance claims) 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. § 115C-449 (2026).
Text
Moneys paid to a local school administrative unit pursuant to contracts of insurance against loss of capital assets through fire or casualty shall be used to repair or replace the damaged asset, or if the asset is not repaired or replaced, placed to the credit of the capital outlay fund for appropriation at some future time. (1975, c. 437, s. 1; 1981, c. 423, s. 1.)
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
§ 115C-10
Appointment of Board§ 115C-102.6
Duty to propose a State school technology plan§ 115C-102.9
Digital learning dashboard§ 115C-103
Fees§ 115C-104
Enactment of Compact§ 115C-105.20
School-Based Management and Accountability Program§ 115C-105.21
Local participation in the Program§ 115C-105.22
Reserved for future codification purposes§ 115C-105.23
Reserved for future codification purposes§ 115C-105.24
Reserved for future codification purposesCite This Page — Counsel Stack
Bluebook (online)
North Carolina § 115C-449, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/115C/115C-449.