2005 North Carolina Code - General Statutes § 122C-123.1. Area authority reimbursement to State for disallowed expenditures.

§ 122C‑123.1.  Area authority reimbursement to State for disallowed expenditures.

Any funds or part thereof of an area authority that are transferred by the area authority to any entity including a firm, partnership, corporation, company, association, joint stock association, agency, or nonprofit private foundation shall be subject to reimbursement by the area authority to the State when expenditures of the area authority are disallowed pursuant to a State or federal audit. (1999‑237, s. 11.41.)