North Carolina Statutes

§ 116-30.3 — Reversions

North Carolina § 116-30.3
JurisdictionNorth Carolina
Ch. 116Higher Education
Art. 1The University of North Carolina

This text of North Carolina § 116-30.3 (Reversions) 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. § 116-30.3 (2026).

Text

(a)Of the General Fund current operations appropriations credit balance remaining at the end of each fiscal year in each of the budget codes listed in this subsection, any amount of the General Fund appropriation for that budget code for that fiscal year (i) may be carried forward to the next fiscal year in that budget code, (ii) is appropriated in that budget code, and (iii) may be used for the purposes set out in subsection (f) of this section. However, the amount carried forward in each budget code under this subsection shall not exceed two and one-half percent (2.5%) of the General Fund appropriation in that budget code. The Director of the Budget, under the authority set forth in G.S. 143C-6-2, shall establish the General Fund current operations credit balance remaining in each budge

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Bluebook (online)
North Carolina § 116-30.3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/116/116-30.3.