There Is a Newer Version
of
the North Carolina General Statutes
2011 North Carolina General Statutes
Chapter 159 Local Government Finance.
Article 4 - Local Government Bond Act.
159-73. Financing or refinancing agreements.
Universal Citation:
NC Gen Stat § 159-73
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159‑73. Financing or refinancing agreements.
Each unit of local government is authorized to enter into agreements with the holders of its outstanding debts for the settlement, adjustment, funding, refunding, financing, or refinancing of the debt. Such an agreement may contain any provisions not inconsistent with law and before the unit may enter into it, it must be approved by the Commission. (1971, c. 780, s. 1.)
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