§ 114-53. Duties. - North Carolina Statutes

§ 114‑53.  Duties.

The Council shall meet atleast quarterly and shall perform the following duties:

(1)        Study and documentcurrent financial education programs in North Carolina and best practicesacross the country.

(2)        Coordinateactivities related to financial education and asset building that occur withinvarious government agencies, private enterprise, and the nonprofit sector toensure dissemination of resources and information to households across theState.

(3)        Propose public andprivate policy, organizational changes, and systemic changes to ensure allNorth Carolinians have access to training about necessary financial skills andexperience with financial services.

(4)        Consider and makerecommendations specifically to address the following issues:

a.         Current personalfinancial literacy programs in the public schools and how to integratefinancial education in K‑12 to ensure that young people are prepared forfinancial success.

b.         Unique financialissues facing students in higher education and how to address those issuesthrough the community colleges and public and private university systems.

c.         Creation of andaccess to financial products that provide hands‑on learning of financialskills.

(5)        Monitor the outcomesof financial education programs, focusing specifically on the followingindicators: improved financial knowledge, improved financial behaviors, andincreased access to and use of affordable financial services.

(6)        Use the talents,expertise, and resources within the State, especially those of the publicschools, community colleges, and public and private university systems, as wellas the bank and credit union industries, to further its mission.

(7)        Report annually tothe General Assembly and the Governor on the performance of its prescribedduties and on the impact of the financial education activities conducted byState agencies.  (2009‑265,s. 1.)