21 NCAC 12a .0910         LIMITATIONS; PRO RATA DISTRIBUTION

(a)  Payments from the fund for an approved application shall not exceed an amount equal to 10 percent of the total amount in the fund at the time the application is approved by the Board.  All applications considered by the Board at the same meeting shall be subject to the same limitation.

(b)  Consequential damages, multiple or punitive damages, civil or criminal penalties or fines, incidental damages, special damages, interest, and court costs shall not constitute monetary losses.

History Note:        Authority G.S. 87‑15.6; 87‑15.7; 87‑15.8;

Eff. March 1, 1993;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. July 23, 2016;

Recodified from 21 NCAC 12 .0910 Eff. January 2, 2020.