2009 North Carolina Code
Chapter 163 - Elections and Election Laws.
§ 163-278.99. Distribution from the Fund.

§ 163‑278.99.  Distribution from the Fund.

(a)        Timing of Fund Distribution. – The Board shall distribute to a certified candidate revenue from the Fund in an amount determined under subdivision (b)(4) of this section as follows:

(1)        One‑third of the amount within five business days after the certified candidate's name is approved to appear on the ballot in a contested general election, but no earlier than five business days after the primary.

(2)        The remainder of the amount on August 1 before the general election.

(b)        Amount of Fund Distribution. – By August 1, 2011, and no less frequently than every four years thereafter, the Board shall determine the amount of funds, rounded to the nearest one hundred dollars ($100.00), to be distributed to certified candidates as follows:

(1)        Uncontested primaries. – No funds shall be distributed.

(2)        Contested primaries. – No funds shall be distributed except as provided in G.S. 163‑278.99B.

(3)        Uncontested general elections. – No funds shall be distributed.

(4)        Contested general elections. – The amount of funds to be distributed to a candidate is the average amount of campaign‑related expenditures made by all candidates who won the immediately preceding three general elections for that office, but not less than three hundred thousand dollars ($300,000). For purposes of this subsection, "campaign‑related expenditures" does not include loan repayments and contributions to a candidate, political committee, or political party.

(c)        Method of Fund Distribution. – The Board, in consultation with the State Treasurer and the State Controller, shall develop a rapid, reliable method of conveying funds to certified candidates. In all cases, the Board shall distribute funds to certified candidates in a manner that is expeditious, ensures accountability, and safeguards the integrity of the Fund. If the money in the Fund is insufficient to fully fund all certified candidates, then the available money shall be distributed proportionally, according to each candidate's eligible funding, and the candidate may raise additional money in the same manner as a nonparticipating candidate for the same office up to the unfunded amount of the candidate's eligible funding. (2007‑484, s. 43.8(c); 2007‑540, s. 1.)