There is a newer version of the North Carolina General Statutes
2005 North Carolina Code - General Statutes § 115C-475. Allocation to district bonds of taxes collected.
§ 115C‑475. Allocation to district bonds of taxes collected.
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.)
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