20 N.C. Admin. Code 3.0601

Current through Register Vol. 39, No. 11, December 2, 2024

Section 03 .0601 - ENCUMBRANCE ACCOUNTING

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.

20 N.C. Admin. Code 03 .0601

Authority G.S. 115-440(c);
Eff. February 1, 1976;
Readopted Eff. September 23, 1977;
Amended Eff. April 1, 1985;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. January 9, 2018.

Authority G.S. 115-440(c);
Eff. February 1, 1976;
Readopted Eff. September 23, 1977;
Amended Eff. April 1, 1985.