There Is a Newer Version
of
the North Carolina General Statutes
2011 North Carolina General Statutes
Chapter 159 Local Government Finance.
Article 5 - Revenue Bonds.
159-92. Status of revenue bonds under Uniform Commercial Code.
Universal Citation:
NC Gen Stat § 159-92
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on the American Association of Law Libraries Universal Citation Guide and is not
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159‑92. Status of revenue bonds under Uniform Commercial Code.
Whether or not the revenue bonds and interest coupons appertaining thereto are of such form and character as to be investment securities under Article 8 of the Uniform Commercial Code as enacted in this State, all revenue bonds represented by instruments and interest coupons appertaining thereto issued under this Article are hereby made investment securities within the meaning of and for all the purposes of Article 8 of the Uniform Commercial Code as enacted in this State, subject only to the provisions of the bonds pertaining to registration. (1971, c. 780, s. 1; 1983, c. 322, s. 3.)
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