{"data":{"id":"us-nc/n.c.-gen.-stat.-136-27.3","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 136-27.3","heading":"Relocation of municipalities' utilities by Department; repayment by municipalities.","body":"When requiring municipalities to relocate utilities under its power granted in G.S. 136-18(10), the Department may enter into agreements with municipalities to provide that the necessary engineering and utility construction be accomplished by the Department on a reimbursement basis as follows:\n(1)\tReimbursement to the Department shall be due after completion of the work and within 60 days after date of invoice.\n(2)\tInterest shall be paid on any unpaid balance due at a variable rate of the prime rate plus one percent (1%). (2012-142, s. 24.22; 2012-145, s. 6.1.)","path":["Chapter 136. Transportation.","Article 2. Powers and Duties of Department and Board of Transportation."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_136/GS_136-27.3.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:21:47Z","sha256":"b4fe31ec77a8b0c03f771571f9987916c1c953d75179b76da61b696f27482869","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-136-27.2","next":"us-nc/n.c.-gen.-stat.-136-27.3a"},"notice":"GroundRules: Original legal text. Not legal advice."}