The UNC Policy Manual

Endowment Fund


The UNC Policy Manual

Chapter 100.1 - The Code

Section 704


SECTION 704.                   ENDOWMENT FUND.

Each board of trustees is authorized to establish and maintain, pursuant to the requirements of state law and such terms and conditions as the Board of Governors may from time to time prescribe, permanent endowment funds for its institutions. [See G.S. 116-36]