North Carolina Statutes

§ 63-68 — Limitations on State financial aid

North Carolina § 63-68
JurisdictionNorth Carolina
Ch. 63Aeronautics
Art. 7State and Federal Aid; Authority of Department of Transportation

This text of North Carolina § 63-68 (Limitations on State financial aid) 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. § 63-68 (2026).

Text

Grants and loans of funds authorized by this Article shall be subject to the following conditions and limitations:

(1)Loans and grants may be for such projects, activities, or facilities as would in general be eligible for approval by the Federal Aviation Administration or its successor agency or agencies with the exception that the requirement that the airport be publicly owned shall not be applicable. Further, airport terminal and security areas, seaplane bases, and heliports are also eligible for State financial aid.
(2)Loans and grants of State funds shall be limited to a maximum of fifty percent (50%) of the nonfederal share of the total cost of any project for which aid is requested, and shall be made only for the purpose of supplementing such other funds, public or private, as may

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Bluebook (online)
North Carolina § 63-68, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/63/63-68.