§ 76A-54. Expenses of the Commission. - North Carolina Statutes

Article6.

Commission Funds.

§ 76A‑54.  Expenses ofthe Commission.

The pilots' association shallpay to the Commission, according to rules prescribed by the Commission, apercentage of all pilotage fees not to exceed two percent (2%) per annum forthe purpose of providing funds to defray the necessary expense of theCommission. The appropriate percentage shall be set on an annual basis by theCommission. The fees paid shall be deposited to a special account with theState Treasurer in the name of the Commission and shall be administered by theSecretary of Commerce. Surpluses in the account in excess of three thousanddollars ($3,000) at the end of the fiscal year shall be returned to the pilots'association on a prorated basis determined and distributed by the Commission.That the Commission in carrying out its duties may incur necessary legal andauditing expenses and expenses for its travel and investigations which inaddition to the one hundred dollar ($100.00) per meeting fee and otherallowances allowed by law shall be paid from the foregoing funds. (1981(Reg. Sess., 1982), c. 1176, s. 1.)