PUBLISHED

N.C.G.S. § 156-53

Payment of bonds enforced.

Effective date: 2026-08-09
Last verified: 2026-08-09
Source: official source
Revision history: view all versions

Upon default of the payment of the interest or principal of such bonds, the holders of the bonds of the corporations organized under this Subchapter shall have a right to enforce the lien created by G.S. 156-52 by civil actions in the superior courts of the State. (1908, c. 75, s. 2; C.S., s. 5311.)