160A-642. Funds.
The establishment and operation of an Authority are governmental functions and constitute a public purpose, and the State of North Carolina and any unit of local government may appropriate funds to support the establishment and operation of the Authority. The State of North Carolina and any unit of local government may also dedicate, sell, convey, donate, or lease any of their interests in any property to the Authority. An Authority may apply for grants from the State of North Carolina, or from the United States or any department, agency, or instrumentality thereof. The Department of Transportation may allocate to an Authority any funds appropriated for transportation, or any funds whose use is not restricted by law. (1997-393, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 160A - Cities and Towns
Article 27 - Regional Transportation Authority.
§ 160A-632 - Definition of territorial jurisdiction of Authority.
§ 160A-633 - Creation of Authority.
§ 160A-634 - Territorial jurisdiction and service area of the Authority.
§ 160A-635 - Membership; officers; compensation.
§ 160A-636 - Voting; action by the Board of Trustees.
§ 160A-637 - Advisory committees.
§ 160A-638 - Purpose of the Authority.
§ 160A-639 - General powers of the Authority.
§ 160A-639.1 - Duties of the chief administrative officer; appointment of clerk.
§ 160A-640 - Authority of Utilities Commission not affected.
§ 160A-641 - Fiscal accountability.
§ 160A-644 - Effect on existing franchises and operations.
§ 160A-646 - Controlling provisions.
§ 160A-647 - Bonds and notes authorized.
§ 160A-648 - Equipment trust certificates.