116-198.40. Article provides additional and alternative method of financing; not exclusive.
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, 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. (1987, c. 336, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 116 - Higher Education
Article 21B - The Centennial Campus, the Horace Williams Campus,.
§ 116-198.31 - Purpose of Article.
§ 116-198.32 - Credit and taxing power of State not pledged; statement on face of bonds.
§ 116-198.34 - General powers of Board of Governors.
§ 116-198.35 - Issuance of bonds and bond anticipation notes.
§ 116-198.36 - Proceeds of bonds are deemed trust funds.
§ 116-198.37 - Fixing fees, rents, and charges; sinking fund.
§ 116-198.38 - Refunding bonds.
§ 116-198.39 - Bonds are exempt from taxation.
§ 116-198.40 - Article provides additional and alternative method of financing; not exclusive.