North Carolina Statutes
§ 115C-493 — When only income from fund expended
North Carolina·Ch. 115C Elementary and Secondary Education·Art. 35 Voluntary Endowment Fund for Public Schools·Subch. VII FISCAL AFFAIRS
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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Reserved for future codification purposes§ 115C-105.23
Reserved for future codification purposes§ 115C-105.24
Reserved for future codification purposes