159-199. Validation of preexisting swap agreements.
All proceedings taken by the governing bodies of governmental units in connection with the authorization of swap agreements and all swap agreements entered into by governmental units before the effective date of this Article are ratified. (2003-388, s. 4.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 159 - Local Government Finance
Article 13 - Interest Rate Swap Agreements for Governmental Units.
§ 159-195 - Nature of duties of a governmental unit under a swap agreement.
§ 159-196 - Approval by Commission.
§ 159-197 - Additional method.