21 N.C. Admin. Code 16A .0105 - SUSPENSION OF AUTHORITY TO EXPEND FUNDS

If the Board's authority to expend funds is suspended pursuant to G.S. 93B-2(d), the Board shall continue to issue and renew licenses, registrations, and permits and to collect all fees pursuant to G.S. 90-39 and the rules of this Chapter, but all fees tendered shall be placed in an escrow account maintained by the Board for this purpose. Once the Board's authority is restored, the funds shall be moved from the escrow account into the general operating account.

Notes

21 N.C. Admin. Code 16A .0105

Authority G.S. 90-28; 90-39; 93B-2(d);
Eff. October 1, 2019.

Authority G.S. 90-28; 90-39; 93B-2(d);
Adopted by North Carolina Register Volume 34, Issue 09, November 1, 2019 effective 10/1/2019.