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A public reference institution of the State of North Carolina's law

PUBLISHED

N.C.G.S. § 159-82

Purpose.

Effective date
2026-08-09
Last verified
2026-08-09
Source
official source
Revision history
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The purpose of this Article is to establish a standard, uniform procedure for the financing by a municipality of revenue bond projects through the issuance of revenue bonds. Its provisions are intended to vest authority in and enable municipalities to secure and pay revenue bonds and the interest thereon solely out of revenues without pledging the faith and credit of the municipality. (1971, c. 780, s. 1; 1973, c. 494, s. 16.)

Reviewed 2026-08-09 · source_verified