11 NCAC 12 .1604             ACCOUNTING

Funds necessary to cover liabilities under retained asset accounts shall be reported on the annual statement.

History Note:        Authority G.S. 58‑2‑40; 58‑2-165; 58‑58‑1; 58‑58‑110;

Eff. February 1, 1996;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. May 1, 2018.