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2019 North Carolina General Statutes
Chapter 153A - Counties
Article 18 - Planning and Regulation of Development.
§ 153A-349.12 - Applicability to local government of constitutional and statutory procedures for approval of debt.
Universal Citation: NC Gen Stat § 153A-349.12 (2019)
153A-349.12. Applicability to local government of constitutional and statutory procedures for approval of debt.
In the event that any of the obligations of the local government in the development agreement constitute debt, the local government shall comply, at the time of the obligation to incur the debt and before the debt becomes enforceable against the local government, with any applicable constitutional and statutory procedures for the approval of this debt.
(2005-426, s. 9(b).)
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