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;

(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.)

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
  • Occupational licensing board: Any board, committee, commission, or other agency in North Carolina which is established for the primary purpose of regulating the entry of persons into, and the conduct of persons within, a particular profession or occupation, and which is authorized to issue licenses. See North Carolina General Statutes 93B-1
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