Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter115C. Elementary and Secondary Education. |
SubchapterVII. Fiscal Affairs |
Article33. Assumption of School District Indebtedness by Counties |
§115C-475. Allocation to district bonds of taxes collected
Latest version.
-
The collections of taxes levied for debt service on all taxable property of a county in which local district bonds have been assumed shall be proportionately allocated to each issue of such bonds.
(1955, c. 1372, art. 12, s. 3; 1981, c. 423, s. 1.)