Assumption of Obligations and Debt Secured By a Pledge of Faith and Credit.

  1. Law
  2. North Carolina General Statutes
  3. Consolidated City-County Act
  4. Assumption of Obligations and Debt Secured By a Pledge of Faith and Credit.

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Section
160B-16

Applicability of this Article.

Section
160B-17

Organizational meeting; preparation of budget.

Section
160B-18

Referendum approval of certain debt assumption required for consolidation; effective date of consolidation.

Section
160B-19

Referendum on consolidation and on assumption of certain debt secured by a pledge of faith and credit; right to issue certain authorized but unissued debt secured by a pledge of faith and credit.

Section
160B-20

Local Government Commission review of assumption of debt secured by a pledge of faith and credit; assumption of debt secured by a pledge of faith and credit and right to issue authorized but unissued debt secured by a pledge of faith and credit upon consolidation.

Section
160B-21

Notice of enactment of consolidation; limitation of actions.