North Carolina General Statutes
Article 1 - Housing Authorities Law.
§ 157-32.3 - Other validation of bonds and notes.

157-32.3. Other validation of bonds and notes.
All proceedings, acts and things heretofore undertaken or done in or for the authorization, issuance, execution and delivery of notes and bonds by housing authorities for the purpose of financing or aiding in the development or construction of a housing project or projects, and all notes and bonds heretofore issued by housing authorities are hereby validated and declared legal in all respects. (1943, c. 89, s. 3.)

Structure North Carolina General Statutes

North Carolina General Statutes

Chapter 157 - Housing Authorities and Projects

Article 1 - Housing Authorities Law.

§ 157-1 - Title of Article.

§ 157-2 - Finding and declaration of necessity.

§ 157-3 - Definitions.

§ 157-4 - Notice, hearing and creation of authority; cancellation of certificate of incorporation.

§ 157-4.1 - Alternative organization any city.

§ 157-4.1A - Alternative organization cities under 250,000 only.

§ 157-4.2 - Authority budgeting and accounting systems as a part of city or county budgeting and accounting systems.

§ 157-5 - Appointment, qualifications and tenure of commissioners.

§ 157-6 - Duty of authority.

§ 157-7 - Interested commissioners or employees.

§ 157-8 - Removal of commissioners.

§ 157-9 - Powers of authority.

§ 157-9.1 - Moderate income.

§ 157-9.2 - Additional powers.

§ 157-9.3 - Mixed income projects owned or operated by authorities.

§ 157-9.4 - Multi-family rental housing projects.

§ 157-10 - Cooperation of authorities.

§ 157-11 - Eminent domain.

§ 157-12 - Acquisition of land for government.

§ 157-13 - Zoning and building laws.

§ 157-14 - Types of bonds authority may issue.

§ 157-15 - Form and sale of bonds.

§ 157-16 - Provisions of bonds, trust indentures, and mortgages.

§ 157-17 - Power to mortgage when project financed with governmental aid.

§ 157-17.1 - Approval of mortgages by Local Government Commission; considerations; rules and regulations.

§ 157-18 - Remedies of an obligee of authority.

§ 157-19 - Additional remedies conferrable by mortgage or trust indenture.

§ 157-20 - Remedies cumulative.

§ 157-21 - Limitations on remedies of obligee.

§ 157-22 - Title obtained at foreclosure sale subject to agreement with government.

§ 157-23 - Contracts with federal government.

§ 157-24 - Security for funds deposited by authorities.

§ 157-25 - Housing bonds, legal investments and security.

§ 157-26 - Tax exemptions.

§ 157-26.1 - Exemption from real estate licensure requirements.

§ 157-27 - Reports.

§ 157-29 - Rentals; tenant selections; and summary ejectments.

§ 157-29.1 - Fraudulent misrepresentation.

§ 157-30 - Creation and establishment validated.

§ 157-31 - Contracts, agreements, etc., validated.

§ 157-32 - Proceedings for issuance, etc., of bonds and notes validated.

§ 157-32.1 - Other validation of creation, etc.

§ 157-32.2 - Other validation of contracts, agreements, etc.

§ 157-32.3 - Other validation of bonds and notes.

§ 157-32.4 - Further validation of contracts, agreements, etc.

§ 157-33 - Notice, hearing and creation of authority for a county.

§ 157-34 - Commissioners and powers of authority for a county.

§ 157-35 - Creation of regional housing authority.

§ 157-36 - Commissioners of regional housing authority.

§ 157-37 - Powers of regional housing authority.

§ 157-38 - Rural housing projects.

§ 157-39 - Housing applications by farmers.

§ 157-39.1 - Area of operation of city, county and regional housing authorities.

§ 157-39.2 - Increasing area of operation of regional housing authority.

§ 157-39.3 - Decreasing area of operation of regional housing authority.

§ 157-39.4 - Requirements of public hearings.

§ 157-39.5 - Consolidated housing authority.

§ 157-39.6 - Findings required for authority to operate in municipality.

§ 157-39.7 - Meetings and residence of commissioners.

§ 157-39.8 - Agreement to sell as security for obligations to federal government.