There is a newer version of the North Carolina General Statutes
2013 North Carolina General Statutes
Chapter 142 - State Debt.
Article 2 - Borrowing Money in Emergencies and in Anticipation of Collection of Taxes.
- Section 142-16 - Governor and Council of State may borrow on note.
- Section 142-17 - Recital of facts entered on minutes; directions to Treasurer; limit of amount.
- Section 142-18 - Report to General Assembly.
- Section 142-19 - Power given to Director of Budget to authorize State Treasurer to borrow money.
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