(a)        Scope. – N.C. Gen. Stat. § 105-129.41 applies to buildings that are awarded a federal credit allocation before January 1, 2003. N.C. Gen. Stat. § 105-129.42 applies to buildings that are awarded a federal credit allocation on or after January 1, 2003.

(b)        Definitions. – The definitions in section 42 of the Code and the following definitions apply in this Article:

(1)        Housing Finance Agency. – The North Carolina Housing Finance Agency established in N.C. Gen. Stat. § 122A-4

(2)        Pass-through entity. – Defined in N.C. Gen. Stat. § 105-228.90 (2002-87, s. 1; 2003-416, s. 3.)

Terms Used In North Carolina General Statutes 105-129.40

  • 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
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