142-15.3. Capital appreciation bonds.
(a) Cross-Reference. - The provisions of G.S. 159-99 govern capital appreciation bonds.
(b) Authorization. - The State is authorized to issue capital appreciation bonds pursuant to the provisions of The State and Local Government Revenue Bond Act. The State is authorized to issue capital appreciation bonds pursuant to the provisions of applicable law and pursuant to the provisions of any law enacted in the future. (1987-650, ss. 2, 4 and 5; 2004-170, s. 41(a), (b).)
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.