(a)        The Commissioner may contract with consultants and other professionals to expedite and complete the application process, examinations, and other regulatory activities required under this Article. Costs of contracts entered into under this section shall be reimbursed by the applicant or licensee.

(b)        Contracts under this section for financial, legal, examination, and other services shall not be subject to any of the following:

(1)        N.C. Gen. Stat. § 114-2.3

(2)        N.C. Gen. Stat. § 147-17

(3)        Articles 3, 3C, and 8 of Chapter 143 of the N.C. Gen. Stat. and any rules and procedures adopted under those Articles concerning procurement, contracting, and contract review. ?(2018-49, s. 2(c).)

Terms Used In North Carolina General Statutes 58-67-12

  • Contract: A legal written agreement that becomes binding when signed.
  • 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