There is a newer version of the North Carolina General Statutes
2010 North Carolina Code
Chapter 116 Higher Education.
Article 4 - North Carolina School of the Arts.
116-68. Endowment fund.
NC Gen Stat § 116-68 What's This?
116‑68. Endowment fund.
The Board of Trustees is authorized to establish a permanent endowment fund, and shall perform such duties in relation thereto as are prescribed by the provisions of Article 1, Chapter 116, of the General Statutes. The proceeds in this fund are appropriated as provided by G.S. 116‑36. (1963, c. 1116; 1971, c. 1244, s. 13; 2006‑203, s. 51.1.)
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