North Carolina General Statutes 122D-21. Termination of the Authority
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Terms Used In North Carolina General Statutes 122D-21
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
In the event of the termination of the Authority, all of its rights, money, assets and revenues in excess of its obligations shall be deposited in the general fund. (1985 (Reg. Sess., 1986), c. 1011, s. 1; 1989, c. 500, s. 109(e); 1989 (Reg. Sess., 1990), c. 1074, s. 32(b).)