159D-50. Investment securities.
All bonds, notes and interest coupons issued under this Article are investment securities within the meaning of and for all the purposes of Article 8 of the Uniform Commercial Code as enacted in this State, whether or not they are of such form and character as to be investment securities under that Article, subject only to the provisions of the bonds and notes pertaining to registration. (1985 (Reg. Sess., 1986), c. 794, s. 16; 2000-179, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 159D - The North Carolina Capital Facilities Financing Act
Article 2 - Private Capital Facilities Finance Act.
§ 159D-36 - Legislative findings.
§ 159D-38 - Capital facilities finance agency.
§ 159D-40 - Criteria and requirements.
§ 159D-41 - Procedural requirements.
§ 159D-43 - Construction contracts.
§ 159D-44 - Credit of State not pledged.
§ 159D-46 - Trust agreement or resolution.
§ 159D-47 - Revenues; pledges of revenues.
§ 159D-50 - Investment securities.
§ 159D-51 - Bonds or notes eligible for investment.
§ 159D-52 - Refunding bonds or notes.
§ 159D-54 - Officers not liable.