GroundRules
N.C. Gen. Stat. § 159-75: Judgment validating issue; costs of the action.
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.
A final decree of the General Court of Justice validating funding or refunding bonds or the financing or refinancing agreement shall be conclusive as to the validity of the bonds or the agreement.
The costs of any action brought under G.S. 159-74 shall be borne by the issuing unit, including a reasonable attorney's fee for the attorney assigned by the court to defend the interests of the citizens and taxpayers in general. (1931, c. 186, ss. 6, 7; 1935, c. 290, s. 3; 1971, c. 780, s. 1; 1973, c. 494, s. 12.)
Collected 2026-08-27T18:24:52Z. Source file · JSON