N.C. Gen. Stat. » Chapter 116
NC General Statutes

N.C. Gen. Stat. § 116-209.15 (2026)

Merger of trust fund

✓ current as of July 2026
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The Authority may merge into the Loan Fund the trust fund established pursuant to G.S. 116-209 hereof and may transfer from such trust fund to the credit of the Loan Fund all money, investments and other assets and resources credited to such trust fund, for application and use in accordance with the provisions of this Article  pertaining to the Loan Fund, including the power to pay expenses of the Authority from the Loan Fund to the extent that other funds are not available therefor. (1967, c. 1177.)

 

Notes of Decisions
Cited in 1 case, 1969–1969 · leading case: Nicholson v. State Educ. Assistance Auth., 168 S.E.2d 401 (N.C. 1969).
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Nicholson v. State Educ. Assistance Auth., 168 S.E.2d 401 (N.C. 1969). · cites it 2× “1 to G.S. 116-209.15). As the basis for such attack, he complains of the following actions and proposed actions : 1.”
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