160A-647. Bonds and notes authorized.
In addition to the powers granted by this Article, the Authority may issue bonds and notes pursuant to the provisions of The State and Local Government Revenue Bond Act, Article 5 of Chapter 159 of the General Statutes, for the purpose of financing public transportation systems or any part thereof and to refund such bonds and notes, whether or not in advance of their maturity or earliest redemption date. (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.