116-197. Article provides additional and alternative method.
This Article shall be deemed to provide an additional and alternative method for the doing of the things authorized hereby and shall be regarded as supplemental and additional to powers conferred by other laws, including G.S. 116-175 to 116-185, inclusive, and shall not be regarded as in derogation of or as repealing any powers now existing under any other law, either general, special or local; provided, however, that the issuance of revenue bonds or revenue refunding bonds under the provisions of this Article need not comply with the requirements of any other law applicable to the issuance of bonds. (1963, c. 847, s. 11.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 116 - Higher Education
§ 116-187 - Purpose of Article.
§ 116-188 - Credit and taxing power of State not pledged; statement on face of bonds.
§ 116-190 - General powers of Board of Governors.
§ 116-191 - Issuance of bonds and bond anticipation notes.
§ 116-192 - Trust agreement; money received deemed trust funds; insurance; remedies.
§ 116-193 - Fixing fees, rents and charges; sinking fund.
§ 116-194 - Vesting powers in executive committee.
§ 116-196 - Exemption from taxation; bonds eligible for investment or deposit.
§ 116-197 - Article provides additional and alternative method.