§ 116-13.2. Report on University Fiscal Liabilities.
§ 116‑13.2. Report on University FiscalLiabilities.
The Board of Governors shall report on an annual basis to the JointLegislative Commission on Governmental Operations on:
(1) Any financing of buildings or other facilities, regardlessof the ownership of those buildings or other facilities, located on land ownedby The University of North Carolina or the constituent institutions of TheUniversity of North Carolina; and
(2) All fiscal liabilities or contingent liabilities, includingpayments for debt service or other contractual arrangements, of The Universityof North Carolina or any constituent institution. (2002‑126, s. 9.16.)