2009 North Carolina Code
Chapter 113 - Conservation and Development.
§ 113-77.6. Definitions.
Article 5A.
Natural Heritage Trust Program.
§ 113‑77.6. Definitions.
As used in this Article:
(1) "Appraised value" means the price estimated in terms of money at which the property would change hands between a willing and financially able buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of the uses to which the property is adapted and for which it is capable of being used.
(2) "Fund" means the Natural Heritage Trust Fund created pursuant to this Article.
(3) "Land" and "lands" mean real property and any interest in, easement in, or restriction on real property.
(4) "Secretary" means the Secretary of Environment and Natural Resources.
(5) "Trustees" means the trustees of the Natural Heritage Trust Fund. (1987, c. 871, s. 1; 1989, c. 86, s. 1; c. 727, s. 218(56); 1993 (Reg. Sess., 1994), c. 772, s. 3; 1997‑443, s. 11A.119(a).)
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