There is a newer version of the North Carolina General Statutes
2013 North Carolina General Statutes
Chapter 160A - Cities and Towns.
Article 3 - Contracts.
Section 160A-19 - Leases.
NC Gen Stat § 160A-19 (2013) What's This?
160A-19. Leases.
A city is authorized to lease as lessee, with or without option to purchase, any real or personal property for any authorized public purpose. A lease of personal property with an option to purchase is subject to Article 8 of Chapter 143 of the General Statutes. (1973, c. 426, s. 9.)
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