§ 115C-162. Use of proceeds derived from production work. - North Carolina Statutes

§ 115C‑162.  Use ofproceeds derived from production work.

Unless elsewhere authorized in these statutes, local boards ofeducation shall deposit to the appropriate school account, no later than theend of the next business day after receipt of funds, all proceeds derived fromthe sale of products or services from production work experiences.  Theseproceeds shall be established as a revolving fund to be used solely inoperating and improving vocational and technical education programs. (1977, c. 490, s. 4; 1981, c. 423, s. 1; 1993, c. 180,s. 3.)