North Carolina Statutes
§ 115C-493 — When only income from fund expended
North Carolina § 115C-493
JurisdictionNorth Carolina
Ch. 115CElementary and Secondary Education
Art. 35Voluntary Endowment Fund for Public Schools
Subch. VIIFISCAL AFFAIRS
This text of North Carolina § 115C-493 (When only income from fund expended) 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-493 (2026).
Text
Where the donor of said pledges, gifts, donations, and devises so provides, the board of trustees shall keep the principal of such gift or gifts intact and only the income therefrom may be expended. (1961, c. 970; 1981, c. 423, s. 1; 2011-284, s. 80.)
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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-493, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/115C/115C-493.