North Carolina § 116-41 - 3. University authorized to pay service charges; payments deemed revenues.
Full text of North Carolina North Carolina General Statutes § 116-41 — 3. University authorized to pay service charges; payments deemed revenues., with citation guidance and answers to common questions.
§ 116-41. 3. University authorized to pay service charges; payments deemed revenues.
The University is hereby authorized to pay service charges for, or for the right to, the use, occupancy, services or commodities of or furnished by any project or by any other service or auxiliary facility of the University, including the University Enterprises, and the income and receipts derive from such service charges paid by the University shall be deemed to be revenues under the provisions of this Part and shall be applied and accounted for in the same manner as other revenues. History (1961, c. 1078, s. 3.)
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 116-41
What does North Carolina General Statutes § 116-41 cover?
Section 116-41 ("3. University authorized to pay service charges; payments deemed revenues.") 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 § 116-41?
A common citation format is "North Carolina General Statutes § 116-41" (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 § 116-41 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.