§ 122E-3. North Carolina Housing Trust Fund. - North Carolina Statutes

§122E‑3.  North Carolina Housing Trust Fund.

(a)        There isestablished a North Carolina Housing Trust Fund, separate and distinct from theGeneral Fund.

(b)        The Fund shallconsist of monies received under this act and any other sources of revenue,public or private, dedicated for inclusion in the Fund.

(c)        The State Treasurershall serve as trustee for the Fund.  The Treasurer shall invest the NorthCarolina Housing Trust Fund revenues he receives as provided in G.S. 147‑69.2(b). The Treasurer shall provide the Agency with quarterly and annual reports ofFund revenues and interest earnings. (1987, c. 841, s. 1.)