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

North Carolina Law

N.C.G.S. § 159B-26 — revision history

Text is never overwritten. Each amendment lands as a new version row with its own effective range.

  1. Version 1 — 2026-08-09 to present

    Scraped from ncleg.gov; The General Statutes include changes through S.L. 2026-7.

    Bonds shall at all times be free from taxation by the State or any political subdivision or any of their agencies, excepting inheritance or gift taxes, income taxes on the gain from the transfer of the bonds, and franchise taxes. The interest on the bonds is not subject to taxation as income. (1975, c. 186, s. 1; 1995, c. 46, s. 18.)