2009 North Carolina Code
Chapter 143B - Executive Organization Act of 1973.
§ 143B-164.18. Establishment of private, nonprofit corporations.
§ 143B‑164.18. Establishment of private, nonprofit corporations.
The Department of Health and Human Services may encourage the establishment of private, nonprofit corporations to support the Governor Morehead School. If the sole purpose of a corporation is to support the Governor Morehead School, the Department may, with the approval of the Board of Directors of the Governor Morehead School, assign employees to assist with the establishment and operation of the nonprofit corporation and may make available to the corporation office space, equipment, supplies, and other related resources. The limitation on hours of service by an employee provided in G.S. 143B‑139.4 does not apply to employees assisting a nonprofit corporation established pursuant to this section.
The board of directors of each private, nonprofit corporation that obtains assistance under this section shall secure and pay for the services of the State Auditor or employ a certified public accountant to conduct an annual audit of the financial accounts of the corporation. The board of directors of the corporation shall transmit to the Department of Health and Human Services a copy of the annual financial audit report of the corporation. (2001‑412, s. 1.)
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