GroundRules
N.C. Gen. Stat. § 160A-239.20: Prohibition on use of public funds.
Where this section sits in the code
- Chapter 160A. Cities and Towns.
- Article 10B. Commercial Property Assessed Capital Expenditure (C-PACE) Act.
It is the intent of this Article that neither the State nor any local government shall use public funds to fund or repay any C-PACE assessment. Nothing in this Article shall be interpreted as authorizing a local government to pledge, offer, or encumber its full faith and credit, and no local government shall pledge, offer, or encumber its full faith and credit under this Article. (2024-44, s. 1.)
Collected 2026-08-27T18:25:42Z. Source file · JSON