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

PUBLISHED

N.C.G.S. § 53A-44

Prohibited investments.

Effective date
2026-08-08
Last verified
2026-08-09
Source
official source
Revision history
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Investments by a North Carolina Enterprise Corporation shall not be made in any business unless the business can demonstrate to the satisfaction of the North Carolina Enterprise Corporation that the business cannot obtain sufficient financing through traditional financial institutions. (1987 (Reg. Sess., 1988), c. 882, s. 1.)

Reviewed 2026-08-09 · source_verified