§ 159G-25.5. Emergency expenditure for operating deficits incurred by certain public water systems and wastewater systems.
The Department may use funds in the Wastewater Reserve or the Drinking Water Reserve to provide grants to the Local Government Commission to cover deficits in the operating expenses of a public water or wastewater system in either of the following circumstances:
(1) The Local Government Commission has exercised its powers under G.S. 159-181 to assume full or partial control over the affairs of the public water or wastewater system or of the unit of local government or public authority that owns or operates the public water or wastewater system.
(2) The charter of the unit of local government or public authority that owns or operates the public water or wastewater system has been suspended or revoked by local act. (2019-226, s. 1.)