North Carolina § 128-35 - Obligations of pension accumulation fund.
Full text of North Carolina North Carolina General Statutes § 128-35 — Obligations of pension accumulation fund., with citation guidance and answers to common questions.
§ 128-35. Obligations of pension accumulation fund.
The maintenance of annuity reserves and pension reserves as provided for, and regular interest creditable to the various funds as provided in G.S. 128-30 , and the payment of all pensions, annuities, retirement allowances, refunds and other benefits granted under the provisions of this Article, are hereby made obligations of the pension accumulation fund. All income, interest and dividends derived from deposits and investments authorized by this Article shall be used for the payment of said obligations of the said fund. History (1939, c. 390, s. 15.)
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 128-35
What does North Carolina General Statutes § 128-35 cover?
Section 128-35 ("Obligations of pension accumulation fund.") 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 § 128-35?
A common citation format is "North Carolina General Statutes § 128-35" (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 § 128-35 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.