115C-414. State Board as successor to powers of abolished commissions and boards.
The Board shall succeed to all the powers and trusts of the president and directors of the Literary Fund of North Carolina; and to all the powers, functions, duties, and property of all abolished commissions and boards including the State School Commission, the State Textbook Commission, the Department of Health and Human Services, and the State Board of Commercial Education, including the power to take, hold and convey property, both real and personal, to the same extent that any corporation might take, hold and convey the same under the laws of this State. (1955, c. 1372, art. 2, s. 2; 1957, c. 541, s. 11; 1961, c. 969; 1963, c. 448, ss. 24, 27; c. 688, ss. 1, 2; c. 1223, s. 1; 1965, c. 1185, s. 2; 1967, c. 643, s. 1; 1969, c. 517, s. 1; 1971, c. 704, s. 4; c. 745; 1973, c. 476, s. 138; c. 675; 1975, c. 699, s. 2; c. 975; 1979, c. 300, s. 1; c. 935; 1981, c. 423, s. 1; 1997-443, s. 11A.122.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 115C - Elementary and Secondary Education
Article 30 - Financial Powers of the State Board of Education.
§ 115C-408 - Funds under control of the State Board of Education.
§ 115C-409 - Power to accept federal funds and aid.
§ 115C-410 - Power to accept gifts and grants.
§ 115C-411 - Authority to invest school funds.
§ 115C-412 - Power to purchase at mortgage sales.
§ 115C-413 - Power to adjust debts.
§ 115C-414 - State Board as successor to powers of abolished commissions and boards.
§ 115C-416 - Power to allot funds for teachers and other personnel.
§ 115C-417 - Availability of funds allocated for staff development.
§ 115C-419 - Full-time equivalent student calculation; report.