20 NCAC 02A .0102         EXERCISE OF AUTHORITY

All of the above named agencies, with the exception of the N.C. Public Employees' Social Security Agency, exercise their prescribed statutory powers independently of the State Treasurer.  However, those functions such as planning, organizing, staffing, directing, coordinating, reporting and budgeting are performed under the direction and supervision of the State Treasurer.  In the case of the N.C. Public Employees' Social Security Agency, all its prescribed statutory authority, powers, duties and functions, including rule‑making, are vested in the State Treasurer.

 

History Note:        Authority G.S. 135‑6(f); 128‑28(g);

Eff. February 1, 1976;

Readopted Eff. September 21, 1977;

Amended Eff. October 29, 1979.