117-26. Application for grant or loan from governmental agency.
Whenever any corporation organized hereunder desires to secure a grant or loan from any agency of the United States government now in existence or hereafter authorized, they shall apply through the North Carolina Rural Electrification Authority and not direct to the United States agency, and the said North Carolina Rural Electrification Authority alone shall have the authority to make applications for grants or loans to any corporations created hereunder. (1935, c. 291, s. 21.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 2 - Electric Membership Corporations.
§ 117-9 - Issuance of privilege for formation of such corporation.
§ 117-10 - Formation authorized.
§ 117-10.1 - Municipal franchises.
§ 117-10.2 - Restriction on municipal service.
§ 117-11 - Contents of certificate of incorporation.
§ 117-13 - Board of directors; compensation; president and secretary.
§ 117-15 - Certificates of membership.
§ 117-16 - Corporate purpose; terms and conditions of membership.
§ 117-16.1 - Discrimination prohibited.
§ 117-17 - General grant of powers.
§ 117-18 - Specific grant of powers.
§ 117-18.1 - Subsidiary business activities.
§ 117-19 - Taxes and assessments.
§ 117-20 - Encumbrance, sale, etc., of property.
§ 117-22 - Covenants or agreements for security of bonds.
§ 117-23 - Purchase and cancellation of bonds.
§ 117-25 - Amendment of certificate of incorporation.
§ 117-26 - Application for grant or loan from governmental agency.