Orange County NC Website
22 <br /> expenditures. Fund payments are not subject to the Cash Management Improvement Act of 1990,as <br /> amended. <br /> May governments retain assets purchased with payments from the Fund? <br /> Yes, if the purchase of the asset was consistent with the limitations on the eligible use of funds provided <br /> by section 601(d)of the Social Security Act. <br /> What rules apply to the proceeds of disposition or sale of assets acquired using payments from the <br /> Fund? <br /> If such assets are disposed of prior to December 30,2020,the proceeds would be subject to the <br /> restrictions on the eligible use of payments from the Fund provided by section 601(d) of the Social <br /> Security Act. <br /> 7 <br />