Investments by a North Carolina Enterprise Corporation shall not be made in any business unless the business can demonstrate to the satisfaction of the North Carolina Enterprise Corporation that the business cannot obtain sufficient financing through traditional financial institutions.
N.C. Gen. Stat. § 53A-44
Prohibited investments
Known as the North Carolina Enterprise Corporation Act
The act spans §§ 53–53 (12 sections).
1987 (Reg
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.