North Carolina § 143B-437 - 63. JDIG Program cash flow requirements.
Full text of North Carolina North Carolina General Statutes § 143B-437 — 63. JDIG Program cash flow requirements., with citation guidance and answers to common questions.
§ 143B-437. 63. JDIG Program cash flow requirements.
Notwithstanding any other provision of law, grants made through the Job Development Investment Grant Program, including amounts transferred pursuant to G.S. 143B-437.61, shall be budgeted and funded on a cash flow basis. The Department of Commerce shall disburse funds in an amount sufficient to satisfy grant obligations and amounts to be transferred pursuant to G.S. 143B-437.61 to be paid during the fiscal year. It is the intent of the General Assembly to appropriate funds annually to the JDIG Program established in this Part in amounts sufficient to meet the anticipated cash requirements for each fiscal year. History (2004-124, s. 6.12(b); 2009-445, s. 40; 2009-570, s. 22; 2016-94, s. 15.2(a).) Editor's Note. - Session Laws 2009-570, s. 22(b) provides that if Senate Bill 509, 2009 Regular Session becomes law, then the amendment to G.S. 143B-437.63 made by s. 22(a) of the act is repealed. Senate Bill 509 is Session Laws 2009-445, which was approved on August 7, 2009. The amendment by Session Laws 2009-570, s. 22(a) would have substituted "G.S. 143C-9-6" for "G.S. 143-15.3E" in the last sentence. Effect of Amendments. - Session Laws 2009-445, s. 40, effective August 7, 2009, in the last sentence, deleted "Fund" following "JDIG Reserve" and substituted "G.S. 143C-9-6" for "G.S. 143-15.3E." Session Laws 2016-94, s. 15.2(a), effective July 1, 2016, substituted "The Department of Commerce shall disburse funds" for "The Office of State Budget and Management shall periodically transfer funds from the JDIG Reserve established pursuant to G.S. 143C-9-6 to the Department of Commerce" in the second sentence and added the last sentence.
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 143B-437
What does North Carolina General Statutes § 143B-437 cover?
Section 143B-437 ("63. JDIG Program cash flow requirements.") 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 § 143B-437?
A common citation format is "North Carolina General Statutes § 143B-437" (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 § 143B-437 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
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