§ 58-86-10. Powers and duties of the board. - North Carolina Statutes

§58‑86‑10.  Powers and duties of the board.

The board shall requestappropriations out of the general fund for administrative expenses and toprovide for the financing of this pension fund, employ necessary clericalassistance, determine all applications for pensions, provide for the payment ofpensions, make all necessary rules and regulations not inconsistent with lawfor the government of this fund, prescribe rules and regulations of eligibilityof persons to receive pensions, expend funds in accordance with the provisionsof this Article, and generally exercise all other powers necessary for theadministration of the fund created by this Article. (1957, c. 1420, s. 1; 1959,c. 1212, s. 1; 1981, c. 1029, s. 1.)