The State and Local Government Revenue Bond Act, Article 5 of Chapter 159 of the N.C. Gen. Stat., governs the issuance of revenue bonds by an authority.? Article 9 of Chapter 159 of the N.C. Gen. Stat. governs the issuance of notes in anticipation of the sale of revenue bonds. (1989 (Reg. Sess., 1990), c. 888, s. 1.)

Terms Used In North Carolina General Statutes 153A-431

  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3