North Carolina Statutes

§ 115C-475 — Allocation to district bonds of taxes collected

North Carolina·Ch. 115C Elementary and Secondary Education·Art. 33 Assumption of School District Indebtedness by Counties·Subch. VII FISCAL AFFAIRS
The collections of taxes levied for debt service on all taxable property of a county in which local district bonds have been assumed shall be proportionately allocated to each issue of such bonds. (1955, c. 1372, art. 12, s. 3; 1981, c. 423, s. 1.) §§ 115C-476 through 115C-480. Reserved for future codification purposes.

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Legislative History

(1955, c. 1372, art. 12, s. 3; 1981, c. 423, s. 1.)

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