North Carolina Statutes

§ 136-262 — Powers of Authority

North Carolina·Ch. 136 Transportation·Art. 20 North Carolina State Ports Authority
(a)In order to enable it to carry out the purposes of this Article, the said Authority shall:
(1)Have the powers of a body corporate, including the power to sue and be sued, to make contracts, and to adopt and use a common seal and to alter the same as may be deemed expedient;
(2)Have the authority to make all necessary contracts and arrangements with other port authorities of this and other states for the interchange of business, and for such other purposes as will facilitate and increase the business of the North Carolina State Ports Authority;
(3)Be authorized and empowered to rent, lease, buy, own, acquire, mortgage, otherwise encumber, and dispose of such property, real or personal, as said Authority may deem proper to carry out the purposes and provisions of this Article, all or

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