North Carolina General Statutes
Chapter 159 - Local Government Finance
Article 7 - Issuance and Sale of Bonds.

§ 159-120 - Definitions. - 159-120. Definitions. As used in this Article, unless the context...

§ 159-121 - Coupon or registered bonds to be issued. - 159-121. Coupon or registered bonds to be issued. Bonds may...

§ 159-122 - Maturities of bonds. - 159-122. Maturities of bonds. (a) (For effective date, see note)...

§ 159-123 - Sale of bonds by sealed bids; private sales. - 159-123. Sale of bonds by sealed bids; private sales. (a)...

§ 159-124 - Date of sale; notice of sale and blank proposal. - 159-124. Date of sale; notice of sale and blank proposal....

§ 159-125 - Bid instructions; bid deposit. - 159-125. Bid instructions; bid deposit. (a) Except for revenue bonds...

§ 159-126 - Rejection of bids. - 159-126. Rejection of bids. No legal bid may be rejected...

§ 159-127 - Award of bonds. - 159-127. Award of bonds. All bids received pursuant to a...

§ 159-128 - Makeup and formal execution of bonds; temporary bonds. - 159-128. Makeup and formal execution of bonds; temporary bonds. The...

§ 159-129 - Obligations of units certified by Commission. - 159-129. Obligations of units certified by Commission. Each bond or...

§ 159-130 - Record of issues kept. - 159-130. Record of issues kept. The secretary shall make a...

§ 159-131 - Contract for services to be approved by Commission. - 159-131. Contract for services to be approved by Commission. Any...

§ 159-132 - State Treasurer to deliver bonds and remit proceeds. - 159-132. State Treasurer to deliver bonds and remit proceeds. When...

§ 159-133 - Suit to enforce contract of sale. - 159-133. Suit to enforce contract of sale. The Commission may...

§ 159-134 - Fiscal agents. - 159-134. Fiscal agents. An issuing unit may employ a bank...

§ 159-135 - Application of proceeds. - 159-135. Application of proceeds. After payment of any notes issued...

§ 159-136 - Issuing unit to make and report debt service payments. - 159-136. Issuing unit to make and report debt service payments....

§ 159-137 - Lost, stolen, defaced, or destroyed bonds or notes. - 159-137. Lost, stolen, defaced, or destroyed bonds or notes. (a)...

§ 159-138 - Cancellation of bonds and notes. - 159-138. Cancellation of bonds and notes. Each bond or note...

§ 159-139 - Destruction of cancelled bonds, notes, and coupons. - 159-139. Destruction of cancelled bonds, notes, and coupons. (a) All...

§ 159-140 - Bonds or notes eligible for investment. - 159-140. Bonds or notes eligible for investment. Subject to the...

§ 159-141 - Terms and conditions of sale. - 159-141. Terms and conditions of sale. Notwithstanding the foregoing, any...