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Laws of North Carolina (Last Updated: May 12, 2015) |
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Chapter159. Local Government Finance. |
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SubchapterIV. LONG-TERM FINANCING |
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Article4. Local Government Bond Act |
| Part 1. Operation of Article |
| § 159-43. Short title; legislative intent |
| § 159-44. Definitions |
| § 159-45. All general obligation bonds subject to Local Government Bond Act |
| § 159-46. Faith and credit pledged |
| § 159-47. Additional security for utility or public service enterprise bonds |
| § 159-48. For what purposes bonds may be issued |
| § 159-49. When a vote of the people is required |
| Part 2. Procedure for Issuing Bonds |
| § 159-50. Notice of intent to make application for issuance of voted bonds; objection by citizens and taxpayers |
| § 159-51. Application to Commission for approval of bond issue; preliminary conference; acceptance of application |
| § 159-52. Approval of application by Commission |
| § 159-53. Order approving or disapproving an application |
| § 159-54. The bond order |
| § 159-55. Sworn statement of debt; debt limitation; statement of estimated interest on the bonds |
| § 159-56. Publication of bond order as introduced |
| § 159-56.1. Certain proceedings ratified notwithstanding provisions of § 159-56 |
| § 159-57. Hearing; passage of bond order |
| § 159-58. Publication of bond order as adopted |
| § 159-59. Limitation of action to set aside order |
| § 159-60. Petition for referendum on bond issue |
| § 159-61. Bond referenda; majority required; notice of referendum; form of ballot; canvass |
| § 159-62. Limitation on actions contesting validity of bond referenda |
| § 159-63. Repeal of bond orders |
| § 159-64. Within what time bonds may be issued |
| § 159-65. Resolution fixing the details of the bonds |
| § 159-66. Validation of former proceedings and actions |
| § 159-67. Procedures if a county votes to relocate the county seat |
| § 159-68. Certain provisions not applicable to refunding bonds |
| § 159-69. Reserved for future codification purposes |
| § 159-70. Reserved for future codification purposes |
| § 159-71. Reserved for future codification purposes |
| Part 3. Funding and Refunding Bonds |
| § 159-72. Purposes for which funding and refunding bonds may be issued; when such bonds may be issued |
| § 159-73. Financing or refinancing agreements |
| § 159-74. Test cases testing validity of funding or refunding bonds |
| § 159-75. Judgment validating issue; costs of the action |
| § 159-76. Validation of bonds and notes issued before March 26, 1931 |
| § 159-77. Validation of all proceedings in connection with the authorization of bonds taken before April 28, 1975 |
| § 159-78. Special obligation refunding bonds |
| § 159-79. Variable rate demand bonds and notes |