131A-32. The Rural Health Care Stabilization Fund.
The Rural Health Care Stabilization Fund is created as a nonreverting special fund in the Office of State Budget and Management. The Fund shall operate as a revolving fund consisting of funds appropriated to, or otherwise received by, the Rural Health Care Stabilization Program and all funds received as repayment of the principal of or interest on a loan made from the Fund. The State Treasurer is the custodian of the Fund and shall invest its assets in accordance with G.S. 147-69.2 and G.S. 147-69.3. Moneys in the Fund shall only be used for loans made pursuant to this Article. (2019-240, s. 27.2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 131A - Health Care Facilities Finance Act
Article 2 - Rural Health Care Stabilization Program.
§ 131A-31 - The Rural Health Care Stabilization Program.
§ 131A-32 - The Rural Health Care Stabilization Fund.
§ 131A-33 - Application for loan evaluation.
§ 131A-34 - Commission approval for loan.
§ 131A-35 - Award of loans; terms.
§ 131A-36 - Annual reports on the Rural Health Care Stabilization Fund.