116-68. Endowment fund.
The Board of Trustees is authorized to establish a permanent endowment fund, and shall perform such duties in relation thereto as are prescribed by the provisions of Article 1, Chapter 116, of the General Statutes. The proceeds in this fund are appropriated as provided by G.S. 116-36. (1963, c. 1116; 1971, c. 1244, s. 13; 2006-203, s. 51.1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 116 - Higher Education
Article 4 - University of North Carolina School of the Arts.
§ 116-64 - Establishment of school.
§ 116-65 - To be part of University of North Carolina; membership of Board of Trustees.
§ 116-66 - Powers of various boards.