North Carolina Statutes
§ 122D-5 — Officers and employees; administration of Chapter
North Carolina § 122D-5
JurisdictionNorth Carolina
Ch. 122DNorth Carolina Agricultural Finance Act
This text of North Carolina § 122D-5 (Officers and employees; administration of Chapter) 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. § 122D-5 (2026).
Text
(a)The Authority shall annually elect a chairman and vice-chairman from its members.
(b)The Authority may appoint an Executive Director. The salary of the Executive Director shall be set by the General Assembly in the Current Operations Appropriations Act.
(c)The Executive Director shall administer and enforce this Chapter in accordance with rules promulgated by the Authority. The Executive Director may employ such personnel as may be necessary to administer and enforce the provisions of this Chapter, subject to the approval of the Authority. All employees other than the Executive Director shall be compensated in accordance with the salary schedules adopted pursuant to the North Carolina Human Resources Act. All employees shall be under the supervision of the Executive Director.
(d)The
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Nearby Sections
15
§ 122D-1
Short title§ 122D-10
Bonds of the Authority§ 122D-11
Statutory pledge§ 122D-12
Refunding bonds§ 122D-13
Purchase of bonds by Authority§ 122D-14
Exemption from taxes§ 122D-15
Covenant of State§ 122D-16
Trust funds§ 122D-18
Account and audits§ 122D-19
Cooperation of State agencies§ 122D-20
Construction of Chapter§ 122D-21
Termination of the Authority§ 122D-22
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Bluebook (online)
North Carolina § 122D-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/122D/122D-5.