Local Government Bond Act.

  1. Law
  2. North Carolina General Statutes
  3. Local Government Finance
  4. Local Government Bond Act.

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Section
159-43

Short title; legislative intent.

Section
159-44

Definitions.

Section
159-45

All general obligation bonds subject to Local Government Bond Act.

Section
159-46

Faith and credit pledged.

Section
159-47

Additional security for utility or public service enterprise bonds.

Section
159-48

For what purposes bonds may be issued.

Section
159-49

When a vote of the people is required.

Section
159-50

Notice of intent to make application for issuance of voted bonds; objection by citizens and taxpayers.

Section
159-51

Application to Commission for approval of bond issue; preliminary conference; acceptance of application.

Section
159-52

Approval of application by Commission.

Section
159-53

Order approving or disapproving an application.

Section
159-54

The bond order.

Section
159-55

Sworn statement of debt; debt limitation; statement of estimated interest on the bonds.

Section
159-56

Publication of bond order as introduced.

Section
159-56.1

Certain proceedings ratified notwithstanding provisions of § 159-56.

Section
159-57

Hearing; passage of bond order.

Section
159-58

Publication of bond order as adopted.

Section
159-59

Limitation of action to set aside order.

Section
159-60

Petition for referendum on bond issue.

Section
159-61

Bond referenda; majority required; notice of referendum; form of ballot; canvass.

Section
159-62

Limitation on actions contesting validity of bond referenda.

Section
159-63

Repeal of bond orders.

Section
159-64

Within what time bonds may be issued.

Section
159-65

Resolution fixing the details of the bonds.

Section
159-66

Validation of former proceedings and actions.

Section
159-67

Procedures if a county votes to relocate the county seat.

Section
159-68

Certain provisions not applicable to refunding bonds.

Section
159-69

Reserved for future codification purposes.

Section
159-70

Reserved for future codification purposes.

Section
159-71

Reserved for future codification purposes.

Section
159-72

Purposes for which funding and refunding bonds may be issued; when such bonds may be issued.

Section
159-73

Financing or refinancing agreements.

Section
159-74

Test cases testing validity of funding or refunding bonds.

Section
159-75

Judgment validating issue; costs of the action.

Section
159-76

Validation of bonds and notes issued before March 26, 1931.

Section
159-77

Validation of all proceedings in connection with the authorization of bonds taken before April 28, 1975.

Section
159-78

Special obligation refunding bonds.

Section
159-79

Variable rate demand bonds and notes.