North Carolina Administrative Code (Last Updated: November 13, 2014) |
TITLE 20. STATE TREASURER |
CHAPTER 03. LOCAL GOVERNMENT COMMISSION |
20 NCAC 03 .0601. ENCUMBRANCE ACCOUNTING
Latest version.
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All school administrative units shall use the encumbrance method of accounting in any fiscal year in which its total membership is 6,000 or more, as defined in G.S. 115C‑430.
History Note: Authority G.S. 115‑440(c);
Eff. February 1, 1976;
Readopted Eff. September 23, 1977;
Amended Eff. April 1, 1985.