North Carolina Statutes
§ 131A-32 — The Rural Health Care Stabilization Fund
North Carolina·Ch. 131A Health Care Facilities Finance Act·Art. 2 Rural Health Care Stabilization Program
The Rural Health Care Stabilization Fund is created as a nonreverting special fund in the Office of State Budget and Management. The Fund shall operate as a revolving fund consisting of funds appropriated to, or otherwise received by, the Rural Health Care Stabilization Program and all funds received as repayment of the principal of or interest on a loan made from the Fund. The State Treasurer is the custodian of the Fund and shall invest its assets in accordance with G.S. 147-69.2 and G.S. 147-69.3. Moneys in the Fund shall only be used for loans made pursuant to this Article. (2019-240, s. 27.2.)
Free access — add to your briefcase to read the full text and ask questions with AI
North Carolina § 131A-32 (The Rural Health Care Stabilization Fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 131A-1
Short title§ 131A-10
Credit of State not pledged§ 131A-11
Bonds and notes§ 131A-12
Trust agreement or resolution§ 131A-13
Revenues; pledges of revenues§ 131A-14
Trust funds§ 131A-15
Remedies§ 131A-16
Negotiable instruments§ 131A-18
Refunding bonds or notes§ 131A-19
Annual report§ 131A-2
Legislative findings§ 131A-20
Officers not liable§ 131A-21
Tax exemption§ 131A-22
Conflict of interest