North Carolina Statutes
§ 116D-45 — Faith and credit
North Carolina § 116D-45
JurisdictionNorth Carolina
Ch. 116DHigher Education Bonds
Art. 4Community Colleges Facilities General Obligation Finance Act
This text of North Carolina § 116D-45 (Faith and credit) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.C. Gen. Stat. § 116D-45 (2026).
Text
The faith and credit and taxing power of the State are hereby pledged for the payment of the principal of and the interest on bonds and notes. The State retains the right to amend any provision of this Article to the extent it does not impair any contractual right of a bond owner. (2000-3, s. 1.2.)
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Nearby Sections
15
§ 116D-1
Definitions§ 116D-10
Faith and credit§ 116D-11
Issuance of bonds and notes§ 116D-12
Variable rate demand bonds and notes§ 116D-13
Other agreements§ 116D-2
General provisions§ 116D-21
Purpose§ 116D-22
Definitions§ 116D-24
General powers of Board of Governors§ 116D-29
Vesting powers in committeeCite This Page — Counsel Stack
Bluebook (online)
North Carolina § 116D-45, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/116D/116D-45.