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North Carolina · Through S.L. 2026-30

N.C. Gen. Stat. § 159-92: Status of revenue bonds under Uniform Commercial Code.

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Where this section sits in the code
  1. Chapter 159. Local Government Finance.
  2. SUBCHAPTER IV. LONG-TERM FINANCING.
  3. Article 5. Revenue Bonds.

Whether or not the revenue bonds and interest coupons appertaining thereto are of such form and character as to be investment securities under Article 8 of the Uniform Commercial Code as enacted in this State, all revenue bonds represented by instruments and interest coupons appertaining thereto issued under this Article are hereby made investment securities within the meaning of and for all the purposes of Article 8 of the Uniform Commercial Code as enacted in this State, subject only to the provisions of the bonds pertaining to registration. (1971, c. 780, s. 1; 1983, c. 322, s. 3.)

Collected 2026-08-27T18:24:52Z. Source file · JSON

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