North Carolina Statutes
§ 122D-21 — Termination of the Authority
North Carolina·Ch. 122D North Carolina Agricultural Finance Act
In the event of the termination of the Authority, all of its rights, money, assets and revenues in excess of its obligations shall be deposited in the general fund. (1985 (Reg. Sess., 1986), c. 1011, s. 1; 1989, c. 500, s. 109(e); 1989 (Reg. Sess., 1990), c. 1074, s. 32(b).)
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Nearby Sections
15
§ 122D-1
Short title§ 122D-10
Bonds of the Authority§ 122D-11
Statutory pledge§ 122D-12
Refunding bonds§ 122D-13
Purchase of bonds by Authority§ 122D-14
Exemption from taxes§ 122D-15
Covenant of State§ 122D-16
Trust funds§ 122D-18
Account and audits§ 122D-19
Cooperation of State agencies§ 122D-20
Construction of Chapter§ 122D-21
Termination of the Authority§ 122D-22
Severability