Any interest earned by an occupational licensing board under N.C. Gen. Stat. § 147-69.3(d) may be used only for the following purposes:

(1) To reduce fees;

Terms Used In North Carolina General Statutes 93B-11

  • following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3

(2) Improve services offered to licensees and the public; or

(3) For educational purposes to benefit licensees or the public.  (1983, c. 515, s. 2.)