162A-16. Contributions or advances to authority by political subdivisions.
Any political subdivision is hereby authorized to make contributions or advances to an authority, from any moneys which may be available for such purpose, to provide for the preliminary expenses of such authority in carrying out the provisions of this Article. Any such advances may be repaid to such political subdivisions from the proceeds of bonds issued by such authority under this Article. (1955, c. 1195, s. 15; 1971, c. 892, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 162A - Water and Sewer Systems
Article 1 - Water and Sewer Authorities.
§ 162A-3.1 - Alternative procedure for creation.
§ 162A-4 - Withdrawal from authority; joinder of new subdivision.
§ 162A-5 - Members of authority; organization; quorum.
§ 162A-5.1 - Political subdivision allowed to join certain authorities.
§ 162A-6 - Powers of authority generally.
§ 162A-6.1 - Privacy of employee personnel records.
§ 162A-9 - Rates and charges; notice; contracts for water or services; deposits; delinquent charges.
§ 162A-9.1 - Adoption and enforcement of ordinances.
§ 162A-11 - Moneys received deemed trust funds.
§ 162A-12 - Bondholder's remedies.
§ 162A-14 - Conveyances and contracts between political subdivisions and authority.
§ 162A-16 - Contributions or advances to authority by political subdivisions.
§ 162A-17 - Article regarded as supplemental.