(a) The purpose of this Article is to provide a process for a city in financial distress to transition out of that distress either on its own initiative or with assistance from or under the direction of the Local Government Commission.

(b) For purposes of this Article, the following terms shall apply:

(1) City. – As defined in N.C. Gen. Stat. § 160A-1

Terms Used In North Carolina General Statutes 160A-825

  • Council: means the governing board of a city. See North Carolina General Statutes 160A-1
  • following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3

(2) Commission. – The Local Government Commission.

(3) Council. – As defined in N.C. Gen. Stat. § 160A-1 (2021-124, s. 6.)

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