North Carolina Project Development Financing Act

Sections covered

• N.C. Gen. Stat. § 159-101Short title
• N.C. Gen. Stat. § 159-102Unit of local government defined
• N.C. Gen. Stat. § 159-103Authorization of project development financing debt instruments; purposes
• N.C. Gen. Stat. § 159-104Application to Commission for approval of project development financing debt instrument issue; preliminary conference; acceptance of application
• N.C. Gen. Stat. § 159-105Approval of application by Commission
• N.C. Gen. Stat. § 159-106Order approving or denying the application
• N.C. Gen. Stat. § 159-107Determination of incremental valuation; use of taxes levied on incremental valuation; duration of the district
• N.C. Gen. Stat. § 159-108Agreements with property owners
• N.C. Gen. Stat. § 159-109Special covenants
• N.C. Gen. Stat. § 159-110Security of project development financing debt instruments
• N.C. Gen. Stat. § 159-111Additional security for project development financing debt instruments
• N.C. Gen. Stat. § 159-112Limitations on details of debt instruments
• N.C. Gen. Stat. § 159-113Annual report