2009 North Carolina Code
Chapter 143C - State Budget Act.
§ 143C-6-21. Payments to nonprofits.
Part 3. Non‑State Entities Receiving State Funds.
§ 143C‑6‑21. Payments to nonprofits.
Except as otherwise provided by law, an annual appropriation of one hundred thousand dollars ($100,000) or less to or for the use of a nonprofit corporation shall be made in a single annual payment. An annual appropriation of more than one hundred thousand dollars ($100,000) to or for the use of a nonprofit corporation shall be made in quarterly or monthly payments, in the discretion of the Director of the Budget. (2006‑203, s. 3.)
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