Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter136. Transportation. |
Article6H. Public Toll Roads and Bridges |
Part1. Turnpike Authority and Bridges |
§136-89.192. Applicability of formula
Latest version.
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Only those funds applied to a Turnpike Project from the State Highway Fund, State Highway Trust Fund, or federal-aid funds that might otherwise be used for other roadway projects within the State, and are otherwise already subject to the formula under G.S. 136-189.11 shall be included in the formula.
Other revenue from the sale of the Authority's bonds or notes, project loans, or toll collections shall not be included in the formula.
(2002-133, s. 1; 2013-183, s. 4.6.)