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2016 North Carolina General Statutes
Chapter 116D - Higher Education Bonds.
Article 4 - Community Colleges Facilities General Obligation Finance Act.
§ 116D-45 - Faith and credit.
Universal Citation: NC Gen Stat § 116D-45 (2016)
116D-45. Faith and credit.
The faith and credit and taxing power of the State are hereby pledged for the payment of the principal of and the interest on bonds and notes. The State retains the right to amend any provision of this Article to the extent it does not impair any contractual right of a bond owner. (2000-3, s. 1.2.)
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