159E-14. Amendment or repeal; effect.
The State hereby covenants with the owners of any registered public obligations that it will not amend or repeal this Chapter if the effect may be to impair the exemption from income taxation of interest on registered public obligations. (1983, c. 322, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 159E - Registered Public Obligations Act
§ 159E-3 - Declaration of State interest; purposes.
§ 159E-4 - Systems of registration.
§ 159E-5 - Certificated registered public obligations; execution; authentication.
§ 159E-6 - Certificated registered public obligation; signatures.
§ 159E-7 - Certificated registered public obligation; seal.
§ 159E-8 - Agents; depositories.
§ 159E-10 - Security for deposits.
§ 159E-11 - Public records; locations.
§ 159E-12 - Applicability; determination.