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Area authority reimbursement to State for disallowed expenditures.

G.S. 122C-123.1
in effect
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§ 122C-123.1.  Area authority reimbursement to State for disallowed expenditures. Any funds or part thereof of an area authority that are transferred by the area authority to any entity including a firm, partnership, corporation, company, association, joint stock association, agency, or nonprofit private foundation shall be subject to reimbursement by the area authority to the State when expenditures of the area authority are disallowed pursuant to a State or federal audit. (1999-237, s. 11.41.)
Source: North Carolina General Assembly (ncleg.gov)URL: https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_122C/GS_122C-123.1.htmlFetched: 10/19/2026

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