North Carolina Statutes
§ 159G-42 — Disbursement of loan or grant
North Carolina·Ch. 159G Water Infrastructure·Art. 2 Water Infrastructure Loans and Grants Administered by Department
The Department must disburse the proceeds of a loan or grant to a recipient in a series of payments based on the progress of the project for which the loan or grant was awarded. To obtain a payment, a loan or grant recipient must submit a request for payment to the Department and document the expenditures for which the payment is requested. (2005-454, s. 3.)
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North Carolina § 159G-42 (Disbursement of loan or grant) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 159G-20
Definitions§ 159G-21
Revenue for water projects§ 159G-22
Water Infrastructure Fund§ 159G-30
Department's responsibility§ 159G-32
Projects eligible for loan or grant§ 159G-35
Criteria for loans and grants§ 159G-36
Limits on loans and grants