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N.C. Gen. Stat. § 116D-42

Definitions

Known as the Community College Facilities General Obligation Finance Act

The act spans §§ 116–116 (9 sections).

2000-3, s. 1.2.

The following definitions apply in this Article:

(1) Bonds. - Bonds authorized to be issued under this Article, including refunding bonds.

(2) Community college. - Defined in G.S. 115D-2.

(3) Community college general obligation bonds. - Bonds authorized to be issued under this Article, including refunding bonds.

(4) Community Colleges System Office. - The North Carolina Community Colleges System Office, created by Article 1 of Chapter 115D of the General Statutes, or if the Community Colleges System Office is abolished or otherwise divested of its functions under this Article, the public body succeeding it in its principal functions, or upon which are conferred by law the rights, powers, and duties given by this Article to the Community Colleges System Office.

(5) Notes. - Notes issued under this Article.

Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.