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    • Legislation USA
    • North Carolina General Statutes
    • Chapter 159D - The North Carolina Capital Facilities Financing Act
    • Article 2 - Private Capital Facilities Finance Act.
    • § 159D-54 - Officers not liable.

    North Carolina General Statutes
    Article 2 - Private Capital Facilities Finance Act.
    § 159D-54 - Officers not liable.

    159D-54. Officers not liable.
    No member or officer of the agency shall be subject to any personal liability or accountability by reason of the issuance or execution of any bonds or notes. (1985 (Reg. Sess., 1986), c. 794, s. 20; 2000-179, s. 2.)

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    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-35 - Short title.

    § 159D-36 - Legislative findings.

    § 159D-37 - Definitions.

    § 159D-38 - Capital facilities finance agency.

    § 159D-39 - General powers.

    § 159D-40 - Criteria and requirements.

    § 159D-41 - Procedural requirements.

    § 159D-42 - Operations of projects; agreements of sale on leases; conveyance of interest in projects.

    § 159D-43 - Construction contracts.

    § 159D-44 - Credit of State not pledged.

    § 159D-45 - Bonds and notes.

    § 159D-46 - Trust agreement or resolution.

    § 159D-47 - Revenues; pledges of revenues.

    § 159D-48 - Trust funds.

    § 159D-49 - Remedies.

    § 159D-50 - Investment securities.

    § 159D-51 - Bonds or notes eligible for investment.

    § 159D-52 - Refunding bonds or notes.

    § 159D-53 - Annual report.

    § 159D-54 - Officers not liable.

    § 159D-55 - Tax exemption.

    § 159D-56 - Conflict of interest.

    § 159D-57 - Additional method.

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