GroundRules
N.C. Gen. Stat. § 159-73: Financing or refinancing agreements.
Where this section sits in the code
- Chapter 159. Local Government Finance.
- SUBCHAPTER IV. LONG-TERM FINANCING.
- Article 4. Local Government Bond Act.
- Part 3. Funding and Refunding Bonds.
Each unit of local government is authorized to enter into agreements with the holders of its outstanding debts for the settlement, adjustment, funding, refunding, financing, or refinancing of the debt. Such an agreement may contain any provisions not inconsistent with law and before the unit may enter into it, it must be approved by the Commission. (1971, c. 780, s. 1.)
Collected 2026-08-27T18:24:52Z. Source file · JSON