§ 115C-411. Authority to invest school funds. - North Carolina Statutes

§ 115C‑411. Authority to invest school funds.

The Board is authorized to direct the State Treasurer to invest ininterest‑bearing securities any funds which may come into its possession,and which it deems expedient to invest, as other funds of the State are now ormay be hereafter invested. (1955, c. 1372, art. 2, s. 2; 1957, c. 541, s. 11; 1961, c. 969; 1963,c. 448, ss. 24, 27; c. 688, ss. 1, 2; c. 1223, s. 1; 1965, c. 1185, s. 2; 1967,c. 643, s. 1; 1969, c. 517, s. 1; 1971, c. 704, s. 4; c. 745; 1973, c. 476, s.138; c. 675; 1975, c. 699, s. 2; c. 975; 1979, c. 300, s. 1; c. 935; 1981, c.423, s. 1.)