111-12.5. Reserve and operating capital fund.
Funds now held by the Bureau of Employment of the North Carolina State Commission for the Blind or its successor organization not exceeding one hundred thousand dollars ($100,000) shall be retained by the Department of Health and Human Services as a reserve and operating capital fund to be expended by the Department of Health and Human Services for its lawful purposes and objectives in accordance with this Chapter. (1967, c. 1214; 1973, c. 476, s. 143; 1997-443, s. 11A.118(a).)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 111 - Aid to the Blind
Article 1 - General Duties of Department of Health and Human Services.
§ 111-4 - Register of State's blind.
§ 111-6.1 - Rehabilitation center for the blind and visually impaired.
§ 111-8 - Investigations; eye examination and treatment.
§ 111-11.1 - Jurisdiction of certain Divisions within the Department of Health and Human Services.
§ 111-12.1 - Acceptance of private contributions for particular facilities authorized.
§ 111-12.2 - Contributions treated as State funds to match federal funds.
§ 111-12.3 - Rules and regulations as to receiving and expending contributions.
§ 111-12.5 - Reserve and operating capital fund.
§ 111-12.6 - Disposition of funds deposited with or transferred to State Treasurer.