159D-18. Bonds eligible for investment.
Bonds issued by the agency under the provisions of this Article are securities in which all public officers and agencies of the State and all political subdivisions, and all insurance companies, trust companies, banking associations, investment companies, executors, administrators, trustees and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. (1977, 2nd Sess., c. 1198, s. 1.; 2000-179, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 159D - The North Carolina Capital Facilities Financing Act
Article 1 - Industrial And Pollution Control Facilities Financing.
§ 159D-2 - Legislative findings and purposes.
§ 159D-4.1 - Jurisdiction of the agency.
§ 159D-7 - Approval of project by Secretary of Commerce.
§ 159D-10 - Location of projects.
§ 159D-11 - Financing agreements.
§ 159D-12 - Security documents.
§ 159D-15 - Construction contracts.
§ 159D-16 - Conflict of interest.
§ 159D-17 - Credit of State not pledged.
§ 159D-18 - Bonds eligible for investment.
§ 159D-19 - Revenue refunding bonds.
§ 159D-20 - No power of eminent domain.
§ 159D-24 - Officers not liable.
§ 159D-25 - Additional method.