116-41.18. Distinguished Professors Endowment Trust Fund; selection of Distinguished Professors.
(a) Each constituent institution that receives, through private gifts and an allocation by the Board of Governors, funds for the purpose shall, under procedures established by rules of the Board of Governors and the board of trustees of the constituent institution, select a holder of the Distinguished Professorship. Once given, that designation shall be retained by the distinguished professor as long as he remains in the full-time service of the institution as a faculty member, or for more limited lengths of time when authorized by the Board of Governors and the board of trustees at the institution when the Distinguished Professorship is originally established or vacated. When a distinguished professorship becomes vacant, it shall remain assigned to the institution and another distinguished professor shall be selected under procedures established by rules of the Board of Governors and the board of trustees of the constituent institution.
(a1) No rule shall prevent the constituent institutions of The University of North Carolina from selecting holders of Distinguished Professorships from among existing faculty members or newly hired faculty members.
(b) The Board of Governors of The University of North Carolina shall promulgate rules to implement this section.
(c) There is appropriated from the General Fund to the Board of Governors of The University of North Carolina the sum of two million dollars ($2,000,000) for fiscal year 1985-86, and the sum of two million dollars ($2,000,000) for fiscal year 1986-87, to implement this section. (1985, c. 757, s. 202; 1991 (Reg. Sess., 1992), c. 1030, s. 31; 1995, c. 507, s. 15.12; 1997-443, s. 10.6.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 116 - Higher Education
Article 1 - The University of North Carolina.
§ 116-3 - Incorporation and corporate powers.
§ 116-3.3 - Mediation matters.
§ 116-4 - Constituent institutions of the University of North Carolina.
§ 116-5 - Initial membership of Board of Governors.
§ 116-6 - Election and terms of members of Board of Governors.
§ 116-6.1 - Student member of the Board of Governors.
§ 116-7 - General provisions concerning members of the Board of Governors.
§ 116-8 - Chairman, vice-chairman and secretary.
§ 116-9 - Meetings of Board of Governors.
§ 116-11 - Powers and duties generally.
§ 116-11.1 - Transferred to G.S116-37 by Session Laws 1971, c1244, s6.
§ 116-11.2 - Duties regarding programs in education administration.
§ 116-11.3 - UNC admissions policy for early college graduates.
§ 116-12 - Property and obligations.
§ 116-13 - Powers of Board regarding property and services subject to general law.
§ 116-13.1 - Capital facilities; reports.
§ 116-13.2 - Report on University Fiscal Liabilities.
§ 116-14 - President and staff.
§ 116-15 - Licensing of certain nonpublic post-secondary educational institutions.
§ 116-17.1 - Dependent care assistance program.
§ 116-17.2 - Flexible Compensation Plan.
§ 116-18 - Information Center established.
§ 116-22.1 through 116-25 - Transferred to §§ 116A-3 to 116A-7 by Session Laws 1971, c1135, s2.
§ 116-26 - Transferred to § 116-43 by Session Laws 1971, c1244, s17.
§ 116-29.1 - University Cancer Research Fund[Effective July 1, 2022]
§ 116-30 - Transferred to § 116-40 by Session Laws 1971, c1244, s9.
§ 116-30.1 - Special responsibility constituent institutions.
§ 116-30.2 - Appropriations to special responsibility constituent institutions.
§ 116-30.3A - Availability of excess receipts.
§ 116-30.3B - Energy conservation savings.
§ 116-30.4 - Position management.
§ 116-30.5 - Impact on education.
§ 116-30.8 - Special responsibility constituent institutionsannual audit by State Auditor.
§ 116-30.20 - Establishment of private, nonprofit corporations.
§ 116-31 - Membership of the boards of trustees.
§ 116-31.10 - Powers of Board regarding certain purchasing contracts.
§ 116-31.12 - Acquisition and disposition of real property by lease.
§ 116-32 - Officers and meetings of the boards of trustees.
§ 116-33 - Powers and duties of the boards of trustees.
§ 116-33.1 - Board of trustees to permit recruiter access.
§ 116-33.2 - Cooperative Extension Service employees.
§ 116-34 - Duties of chancellor of institution.
§ 116-35 - Electric power plants, campus school, etc.
§ 116-36.1 - Regulation of institutional trust funds.
§ 116-36.2 - Regulation of special funds of individual institutions.
§ 116-36.4 - Vending facilities.
§ 116-36.6 - East Carolina University School of Medicine; Medicare receipts.
§ 116-36.7 - Wake Forest Institute for Regenerative Medicine; profit sharing with State.
§ 116-37 - University of North Carolina Health Care System.
§ 116-37.1 - Center for public media.
§ 116-37.2 - Regulation of University of North Carolina Hospitals at Chapel Hill Funds.
§ 116-38 - Child development research and demonstration center.
§ 116-39 - Agricultural research stations.
§ 116-40 - Board to accept gifts and congressional donations.
§ 116-40.5 - Campus law enforcement agencies.
§ 116-40.6 - Certain Personnel of East Carolina University.
§ 116-40.7 - Internal auditors.
§ 116-40.11 - Disciplinary proceedings; right to counsel for students and organizations.
§ 116-40.12 - Student organizations; rights and recognition.
§ 116-40.13 - Authorization to secure liability insurance for alcohol sales.
§ 116-40.20 - Legislative findings.
§ 116-40.21 - Board of governors may authorize management flexibility.
§ 116-40.22 - Management flexibility.
§ 116-40.23 - Reporting requirement; effective date of reported policies, procedures, and rules.
§ 116-41.2 - Powers of Board of Governors generally.
§ 116-41.3 - University authorized to pay service charges; payments deemed revenues.
§ 116-41.6 - Pledge of revenues; lien.
§ 116-41.7 - Proceeds of bonds, revenues, etc., deemed trust funds.
§ 116-41.8 - Rights and remedies of bondholders.
§ 116-41.9 - Refunding revenue bonds.
§ 116-41.10 - Exemption from taxation.
§ 116-41.11 - Executive committee may be authorized to exercise powers and functions of Board.
§ 116-41.13 - Distinguished Professors Endowment Trust Fund; purpose.
§ 116-41.13A - Distinguished Professors Endowment Trust Fund; definitions.
§ 116-41.14 - Distinguished Professors Endowment Trust Fund; establishment; maintenance.
§ 116-41.15 - Distinguished Professors Endowment Trust Fund; allocation; administration.
§ 116-41.16 - Distinguished Professors Endowment Trust Fund; contribution commitments.
§ 116-41.17 - Distinguished Professors Endowment Trust Fund; establishment of chairs.
§ 116-41.18 - Distinguished Professors Endowment Trust Fund; selection of Distinguished Professors.
§ 116-41.19 - Distinguished Professors Endowment Trust Fund; promulgation of rules.
§ 116-41.30 - Establishment of Future Teachers of North Carolina.
§ 116-41.31 - Oversight of Future Teachers of North Carolina.
§ 116-43 - Escheat receipts prior to July 1, 1971.
§ 116-43.1 - Institute for Transportation Research and Education.
§ 116-43.10 - Academic Common Market program.
§ 116-43.16 - Small business counseling information.
§ 116-43.17 - Confidentiality of research data, records, and information of a proprietary nature.
§ 116-43.20 - Operation of 4-H camps.
§ 116-43.30 - Advanced Placement courses for secondary school students.
§ 116-44.1 - Transferred to § 116-42 by Session Laws 1971, c1244, s11.
§ 116-44.2 - Transferred to § 116-38 by Session Laws 1971, c1244, s7.
§ 116-44.4 - Regulation of traffic and parking and registration of motor vehicles.