142-10. Chief clerk may issue when Treasurer unable to act.
Whenever it shall appear by formal finding of the Governor and Council of State, within seven days before any bonds or notes of the State or any interest thereon shall fall due, that it is advisable to issue notice of the State to provide for the renewal or payment of such bonds, notes or interest and that the State Treasurer is unable for any reason to negotiate or to issue such notes, it shall be the duty of the chief clerk of the State treasury, if the issuance of such notice shall have been authorized by law, upon certification to him of such finding, and in the name of the State Treasurer, to make all necessary negotiations and to sign and deliver such notes for value and to attach thereto the seal of the State Treasurer. (1927, c. 12.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 1 - General Provisions.
§ 142-2 - Title of act and year of enactment recited in bonds.
§ 142-3 - Record of bonds kept by State Treasurer.
§ 142-4 - Books for registration and transfer.
§ 142-5 - Registration as to principal.
§ 142-6 - Registration as to principal and interest.
§ 142-7 - No charge for registration.
§ 142-8 - Application of §§ 142-1 to 142-9.
§ 142-9 - Duties performed by other officers.
§ 142-10 - Chief clerk may issue when Treasurer unable to act.
§ 142-11 - When bonds deemed duly executed.
§ 142-12 - State bonds exempt from taxation.
§ 142-13 - Destruction of canceled bonds, notes and coupons.
§ 142-14 - Issuance of temporary bonds.
§ 142-15 - Reimbursement of Treasurer for interest.
§ 142-15.1 - Lost, stolen, defaced, or destroyed State bonds.