There is a newer version of the North Carolina General Statutes
2014 North Carolina General Statutes
Chapter 116D - Higher Education Bonds.
Article 3 - Special Obligation Bonds for Improvements to the Facilities of The University of North Carolina.
§ 116D-21 - Purpose.
NC Gen Stat § 116D-21 (2014) What's This?
116D-21. Purpose.
The purpose of this Article is to authorize the Board of Governors of The University of North Carolina to issue special obligation bonds, payable from obligated resources, but with no pledge of taxes or the faith and credit of the State or any agency or political subdivision of the State, to pay the cost, in whole or in part, of improvements to the facilities of the University. (2000-3, s. 1.2.)
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