116-207. Terms of acquisitions.
The Authority shall prescribe the terms, conditions and limitations upon which it will acquire a contingent or direct interest in any obligation and such terms, conditions and limitations shall include, but without limiting the generality hereof, the interest rate payable upon such obligations, the maturities thereof, the terms for payment of principal and interest, applicable life or other insurance which may be required in connection with any such obligation and who shall pay the premiums thereon, the safekeeping of assets pledged to secure any such undertaking, and any and all matters in connection with the foregoing as will protect the assets of the Authority. (1965, c. 1180, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 116 - Higher Education
Article 23 - State Education Assistance.
§ 116-201 - Purpose and definitions.
§ 116-204 - Powers of Authority.
§ 116-204.1 - Council on residency determination policies.
§ 116-205 - Title to property; use of State lands; offices.
§ 116-206 - Acquisition of obligations.
§ 116-207 - Terms of acquisitions.
§ 116-208 - Construction of Article.
§ 116-209.1 - Provisions in conflict.
§ 116-209.3 - Additional powers.
§ 116-209.4 - Authority to issue bonds.
§ 116-209.5 - Bond resolution.
§ 116-209.9 - Negotiability of bonds.
§ 116-209.10 - Bonds eligible for investment.
§ 116-209.11 - Additional pledge.
§ 116-209.12 - Credit of State not pledged.
§ 116-209.14 - Annual reports.
§ 116-209.15 - Merger of trust fund.
§ 116-209.16 - Other powers; criteria.
§ 116-209.16A - Information on career and major options.
§ 116-209.17 - Establishment of student assistance program.
§ 116-209.18 - Powers of Authority to administer student assistance program.
§ 116-209.19 - Grants to students.
§ 116-209.20 - Public purpose.
§ 116-209.22 - Constitutional construction.
§ 116-209.23 - Inconsistent laws inapplicable.
§ 116-209.24 - Parental loans.
§ 116-209.25 - Parental Savings Trust Fund.
§ 116-209.27 - Administration of scholarships previously awarded by Teaching Fellows Program.
§ 116-209.28 - Administration of scholarships previously awarded by the Principal Fellows Program.
§ 116-209.45 - Forgivable Education Loans for Service Program and Fund.
§ 116-209.50 - Recodified as G.S§ 127A-190, effective November 18, 2021.
§ 116-209.51 - Recodified as G.S§ 127A-191, effective November 18, 2021.
§ 116-209.52 - Recodified as G.S§ 127A-192, effective November 18, 2021.
§ 116-209.53 - Recodified as G.S§ 127A-193, effective November 18, 2021.
§ 116-209.54 - Recodified as G.S§ 127A-194, effective November 18, 2021.
§ 116-209.55 - Recodified as G.S§ 127A-195, effective November 18, 2021.
§ 116-209.61 - North Carolina Teaching Fellows Commission established; membership.
§ 116-209.62 - North Carolina Teaching Fellows Program established; administration.
§ 116-209.63 - Terms of forgivable loans; receipt and disbursement of funds.
§ 116-209.81 - Eligibility requirements for a scholarship.
§ 116-209.82 - Semester limitation on eligibility for scholarship.
§ 116-209.83 - Scholarship amounts; adjustment of scholarship amounts.
§ 116-209.84 - Scholarship administration; reporting requirements.
§ 116-209.85 - Scholarship Reserve Fund for Public Colleges and Universities.
§ 116-209.90 - Tuition grants for graduates to attend a constituent institution.