North Carolina General Statutes 157-58. Bonds, notes, etc., issued heretofore, validated
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Terms Used In North Carolina General Statutes 157-58
- Administration: as used in this Article , shall mean any and all undertakings necessary for management, operation or maintenance, in connection with any project, and shall include the leasing of any project (in whole or in part) from the federal government. See North Carolina General Statutes 157-53
- Development: as used in this Article , shall mean any and all undertakings necessary for the planning, land acquisition, demolition, financing, construction or equipment in connection with a project (including the negotiation or award of contracts therefor), and shall include the acquisition of any project (in whole or in part) from the federal government. See North Carolina General Statutes 157-53
- Federal government: as used in this Article , shall mean the United States of America or any agency or instrumentality, corporate or otherwise, of the United States of America. See North Carolina General Statutes 157-53
- Persons engaged in national defense activities: as used in this Article shall include: enlisted personnel in the Armed Forces of the United States and employees of the Defense Department assigned to duty at reservations, posts or bases of the Armed Forces of the United States; and workers engaged or to be engaged in industries connected with and essential to the National Defense Program; and shall include the families of the aforesaid persons who are living with them. See North Carolina General Statutes 157-53
All bonds, notes, contracts, agreements and obligations of housing authorities heretofore issued or entered into relating to financing or undertaking (including cooperating with or acting as agent of the federal government in) the development or administration of any project to assure the availability of safe and sanitary dwellings for persons engaged in national defense activities, are hereby validated and declared legal in all respects, notwithstanding any defect or irregularity therein or any want of statutory authority. (1941, c. 63, s. 6.)