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Article

Assumption of Obligations and Debt Secured By a Pledge of Faith and Credit

  • N.C. Gen. Stat. § 160B-16— Applicability of this Article
  • N.C. Gen. Stat. § 160B-17— Organizational meeting; preparation of budget
  • N.C. Gen. Stat. § 160B-18— Referendum approval of certain debt assumption required for consolidation; effective date of consolidation
  • N.C. Gen. Stat. § 160B-19— Referendum on consolidation and on assumption of certain debt secured by a pledge of faith and credit; right to issue certain authorized but unissued debt secured by a pledge of faith and credit
  • N.C. Gen. Stat. § 160B-20— Local Government Commission review of assumption of debt secured by a pledge of faith and credit; assumption of debt secured by a pledge of faith and credit and right to issue authorized but unissued debt secured by a pledge of faith and credit upon consolidation
  • N.C. Gen. Stat. § 160B-21— Notice of enactment of consolidation; limitation of actions