{"data":{"id":"us-nc/n.c.-gen.-stat.-159-120","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 159-120","heading":"Definitions.","body":"As used in this Article, unless the context clearly requires another meaning, the words \"unit\" or \"issuing unit\" mean \"unit of local government\" as defined in G.S. 159-44 or G.S. 159-102, \"municipality\" as defined in G.S. 159-81, and the State of North Carolina, and the words \"governing body,\" when used with respect to the State of North Carolina, mean the Council of State. (1973, c. 494, s. 30; 1981 (Reg. Sess., 1982), c. 1276, s. 3; 1983, c. 554, s. 17; 2003-403, s. 6.)","path":["Chapter 159. Local Government Finance.","SUBCHAPTER IV. LONG-TERM FINANCING.","Article 7. Issuance and Sale of Bonds."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_159/GS_159-120.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:24:52Z","sha256":"44ebbbe74fd7a6ba690bee45c77d989ff58a38a219044ad069e3fbd9dadf3ce7","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-159-115-through-159-119","next":"us-nc/n.c.-gen.-stat.-159-121"},"notice":"GroundRules: Original legal text. Not legal advice."}