N.C. Gen. Stat. § 156-100.3: Sinking fund.
Where this section sits in the code
- Chapter 156. Drainage.
- SUBCHAPTER III. DRAINAGE DISTRICTS.
- Article 8. Assessments and Bond Issue.
The commissioners of the drainage district may establish a sinking fund to be used to pay bonds and notes issued by the district. The terms and conditions by which the said sinking fund is established shall be approved by the clerk of the superior court who has jurisdiction of said district. (1963, c. 767, s. 10.)
Collected 2026-08-27T18:24:32Z. Source file · JSON