There is a newer version of the North Carolina General Statutes
2005 North Carolina Code - General Statutes § 142-100. Purpose.
Article 10.
Managing Debt Capacity.
§ 142‑100. Purpose.
The purpose of this Article is to provide tools for sound debt management by providing an annual debt affordability study to establish guidelines for maintaining prudent debt levels and by establishing a system for prioritizing State capital needs when the needs exceed the State's capacity for new debt. (2004‑179, s. 5.1.)
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