122A-18. Authorization to accept appropriated moneys.
The Agency is authorized to accept such moneys as may be appropriated from time to time by the General Assembly for effectuating its corporate purposes including, without limitation, the payment of the initial expenses of administration and operation and the establishment of a reserve or contingency fund to be available for the payment of the principal of and the interest on any bonds or notes of the Agency. (1969, c. 1235, s. 18; 1973, c. 1296, s. 58.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 122A - North Carolina Housing Finance Agency
§ 122A-2 - Legislative findings and purposes.
§ 122A-4 - North Carolina Housing Finance Agency.
§ 122a-5 - 122A-5General powers.
§ 122A-5.1 - Rules and regulations governing Agency activity.
§ 122A-5.2 - Mortgage insurance authority.
§ 122A-5.3 - Energy conservation loan authority.
§ 122A-5.4 - Housing for persons and families of moderate income.
§ 122A-5.5 - Rehabilitation Loan Authority.
§ 122A-5.6 - Terms and conditions of loans to and by mortgage lenders.
§ 122A-5.7 - Homeownership Assistance Fund authorized; authority.
§ 122A-5.8 - Distressed multi-family residential rental housing provisions.
§ 122A-5.9 - Formation of subsidiary corporations to own and operate housing projects.
§ 122A-5.14 - Home Protection Program and Fund.
§ 122A-5.15 - Workforce Housing Loan Program.
§ 122A-6 - Credit of State not pledged.
§ 122A-9 - Trust agreement or resolution.
§ 122A-10 - Validity of any pledge.
§ 122A-13 - Negotiable instruments.
§ 122A-14 - Obligations eligible for investment.
§ 122A-15 - Refunding obligations.
§ 122A-16 - Oversight by committees of General Assembly; annual reports.
§ 122A-17 - Officers not liable.
§ 122A-18 - Authorization to accept appropriated moneys.
§ 122A-20 - Conflict of interest.
§ 122A-21 - Additional method.