142-66. Payment provisions.
The payment of amounts payable by the State under a financing contract and any other related documentation during any fiscal biennium or fiscal year shall be limited to funds appropriated for that purpose by the General Assembly in its discretion. No provision of this Article and no financing contract or any other related documentation shall be construed or interpreted as creating a pledge of the faith and credit of the State or any agency, department, or commission of the State within the meaning of any constitutional debt limitation. (2002-161, s. 9.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 8 - State Energy Conservation Finance Act.
§ 142-63 - Authorization of financing contract.
§ 142-64 - Procedure for incurrence or issuance of financing contract.
§ 142-65 - Security; other requirements.
§ 142-66 - Payment provisions.