{"data":{"id":"us-nc/n.c.-gen.-stat.-106-1018","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 106-1018","heading":"Forest Development Fund.","body":"(a)\tThe Forest Development Fund is created in the Department as a special fund. Revenue in the Fund does not revert at the end of a fiscal year, and interest and other investment income earned by the Fund accrues to it. The Fund is created to provide revenue to implement this Article. The Fund consists of the following revenue:\n(1)\tAssessments on primary forest products collected under Article 84 of this Chapter.\n(2)\tGeneral Fund appropriations.\n(3)\tGifts and grants made to the Fund.\n(b),\t(c) Repealed by Session Laws 1997-352, s. 3.\n(d)\tIn any fiscal year, no more than five percent (5%) of the available funds generated by the Primary Forest Product Assessment Act may be used for program support under G.S. 106-1013(c).\n(e)\tFunds used for the purchase of equipment under G.S. 106-1013(d) shall be limited to appropriations from the General Fund to the Forest Development Fund designated specifically for equipment purchase. (1977, c. 562, s. 8; c. 771, s. 4; 1981, c. 1127, s. 45; 1989, c. 727, s. 218(75); 1997-352, s. 3; 1997-443, s. 11A.119(a); 2011-145, s. 13.25(gg), (hh); 2019-177, s. 5.2(a).)","path":["Chapter 106. Agriculture.","Article 83. Forest Development Act."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_106/GS_106-1018.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:16:07Z","sha256":"957d598171d9758736b4c1d27a500ea9162f36d534c53314c58f05d5ecdecc31","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-106-1017","next":"us-nc/n.c.-gen.-stat.-106-1019"},"notice":"GroundRules: Original legal text. Not legal advice."}