GroundRules
N.C. Gen. Stat. § 156-53: Payment of bonds enforced.
Where this section sits in the code
- Chapter 156. Drainage.
- SUBCHAPTER II. DRAINAGE BY CORPORATION.
- Article 4. Rights and Liabilities in the Corporation.
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.)
Collected 2026-08-27T18:24:32Z. Source file · JSON