North Carolina § 115C-162 - Use of proceeds derived from production work.
Full text of North Carolina North Carolina General Statutes § 115C-162 — Use of proceeds derived from production work., with citation guidance and answers to common questions.
§ 115C-162. Use of proceeds derived from production work.
Unless elsewhere authorized in these statutes, local boards of education shall deposit to the appropriate school account, no later than the end of the next business day after receipt of funds, all proceeds derived from the sale of products or services from production work experiences. These proceeds shall be established as a revolving fund to be used solely in operating and improving career and technical education programs. History (1977, c. 490, s. 4; 1981, c. 423, s. 1; 1993, c. 180, s. 3; 2017-57, s. 7.23H(e).) Editor's Note. - Session Laws 2017-57, s. 7.23H(k), made the amendment to this section by Session Laws 2017-57, s. 7.23H(e), applicable beginning with the 2017-2018 school year. Session Laws 2017-57, s. 1.1, provides: "This act shall be known as the 'Current Operations Appropriations Act of 2017.'" Session Laws 2017-57, s. 39.6, is a severability clause. Effect of Amendments. - Session Laws 2017-57, s. 7.23H(e), effective July 1, 2017, substituted "career" for "vocational." For applicability, see editor's note.
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 115C-162
What does North Carolina General Statutes § 115C-162 cover?
Section 115C-162 ("Use of proceeds derived from production work.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Carolina § 115C-162?
A common citation format is "North Carolina General Statutes § 115C-162" (North Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 115C-162 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Carolina.