North Carolina § 142-15 - Reimbursement of Treasurer for interest.
Full text of North Carolina North Carolina General Statutes § 142-15 — Reimbursement of Treasurer for interest., with citation guidance and answers to common questions.
§ 142-15. Reimbursement of Treasurer for interest.
Whenever it shall become necessary for the State Treasurer to borrow money to provide the maintenance fund for any State institution, the said Treasurer is authorized to deduct from the sum appropriated for maintenance of said institution the amount of interest the Treasurer shall have to pay for the use of said fund. This section shall apply to all future laws creating a maintenance fund for any State institution, unless said laws shall specifically state otherwise. History (1923, c. 210; C.S., s. 7466(a).)
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 142-15
What does North Carolina General Statutes § 142-15 cover?
Section 142-15 ("Reimbursement of Treasurer for interest.") 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 § 142-15?
A common citation format is "North Carolina General Statutes § 142-15" (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 § 142-15 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.