§ 143C-9-6. JDIG Reserve Fund. - North Carolina Statutes

§ 143C‑9‑6.  JDIGReserve Fund.

(a)        The StateController shall establish a reserve in the General Fund to be known as theJDIG Reserve. Funds from the JDIG Reserve shall not be expended or transferredexcept in accordance with G.S. 143B‑437.63.

(b)        It is the intent ofthe General Assembly to appropriate funds annually to the JDIG Reserveestablished in this section in amounts sufficient to meet the anticipated cashrequirements for each fiscal year of the Job Development Investment GrantProgram established pursuant to G.S. 143B‑437.52. (2006‑66, s. 6.19(f);2006‑221, s. 3A; 2006‑259, ss. 40(f), 40.5.)