142-88. Bonded indebtedness.
The State Treasurer is authorized, by and with the consent of the Council of State as provided in this Article, to issue and sell at one time or from time to time bonds of the State to be designated "State of North Carolina Limited Obligation Bonds, Series____ " or notes of the State as provided in this Article, for the purpose of providing funds, with any other available funds, for the uses authorized in this Article. (2003-284, s. 46.2; 2003-314, s. 1; 2004-203, s. 79.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 9 - State Capital Facilities Finance Act.
§ 142-81 - Findings and purpose.
§ 142-83 - Authorization of special indebtedness; General Assembly approval.
§ 142-84 - Procedure for incurrence or issuance of special indebtedness.
§ 142-85 - Security; other requirements.
§ 142-86 - Financing contract indebtedness.
§ 142-87 - Additional requirements for certificates of participation indebtedness.
§ 142-88 - Bonded indebtedness.
§ 142-89 - Issuance of limited obligation bonds and notes.
§ 142-90 - Variable rate demand bonds and notes and financing contract indebtedness.
§ 142-93 - Investment eligibility.