159C-18. Bonds eligible for investment.
Bonds issued by an authority under the provisions of this Chapter are hereby made securities in which all public officers and agencies of the State and all political subdivisions, all insurance companies, trust companies, banking associations, investment companies, executors, administrators, trustees and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. (1975, c. 800, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 159C - Industrial and Pollution Control Facilities Financing Act
§ 159C-2 - Legislative findings and purposes.
§ 159C-4 - Creation of authorities.
§ 159C-7 - Approval of industrial projects and pollution control projects by Secretary of Commerce.
§ 159C-10 - Location of projects.
§ 159C-11 - Financing agreements.
§ 159C-12 - Security documents.
§ 159C-15 - Construction contracts.
§ 159C-16 - Conflict of interest.
§ 159C-17 - Credit of State not pledged.
§ 159C-18 - Bonds eligible for investment.
§ 159C-19 - Revenue refunding bonds.
§ 159C-20 - No power of eminent domain.
§ 159C-21 - Dissolution of authorities.
§ 159C-22 - Annual reports; application of Article 3, Subchapter III of Chapter 159.
§ 159C-23 - Officers not liable.
§ 159C-24 - Additional method.
§ 159C-25 - Liberal construction.