§ 121-14 Acceptance and administration of gifts for restoration of Tryon’s Palace; execution of deeds, etc
§ 121-15 Authority to acquire necessary property for restoration when certain funds available
§ 121-16 Acquiring lands by purchase or condemnation
§ 121-17 Funds deposited with trustee
§ 121-18 Closing streets and including area in restoration project; acquiring area originally included in Palace grounds
§ 121-20 Commission to receive and expend funds donated or made available for restoration of Tryon’s Palace; Commission to acquire and sell artifacts for Tryon’s Palace
§ 121-21 Commission authorized to adopt and copyright certain emblems and lease or license the use of reproductions or replicas
§ 121-21.1 Tryon Palace Historic Sites and Gardens Fund
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Terms Used In North Carolina General Statutes > Chapter 121 > Article 2 - Tryon's Palace and Tryon's Palace Commission

  • Devise: To gift property by will.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Oversight: Committee review of the activities of a Federal agency or program.
  • property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • seal: shall be construed to include an impression of such official seal, made upon the paper alone, as well as an impression made by means of a wafer or of wax affixed thereto. See North Carolina General Statutes 12-3
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
  • Trustee: A person or institution holding and administering property in trust.