North Carolina § 136-27.3 Relocation of municipalities' utilities by Department; repayment by municipalities

North Carolina Statutes

§ 136-27.3 — Relocation of municipalities' utilities by Department; repayment by municipalities

North Carolina § 136-27.3

Ch. 136Transportation

Art. 2Powers and Duties of Department and Board of Transportation

This text of North Carolina § 136-27.3 (Relocation of municipalities' utilities by Department; repayment by municipalities) 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. § 136-27.3 (2026).

Text

When requiring municipalities to relocate utilities under its power granted in G.S. 136-18(10), the Department may enter into agreements with municipalities to provide that the necessary engineering and utility construction be accomplished by the Department on a reimbursement basis as follows:

(1)Reimbursement to the Department shall be due after completion of the work and within 60 days after date of invoice.

(2)Interest shall be paid on any unpaid balance due at a variable rate of the prime rate plus one percent (1%). (2012-142, s. 24.22; 2012-145, s. 6.1.) § 136-27.3A. Repealed by Session Laws 2023-151, s. 5(c), effective November 9, 2023.

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When requiring municipalities to relocate utilities under its power granted in G.S. 136-18(10), the Department may enter into agreements with municipalities to provide that the necessary engineering and utility construction be accomplished by the Department on a reimbursement basis as follows:
(1) Reimbursement to the Department shall be due after completion of the work and within 60 days after date of invoice.
(2) Interest shall be paid on any unpaid balance due at a variable rate of the prime rate plus one percent (1%). (2012-142, s. 24.22; 2012-145, s. 6.1.)
§ 136-27.3A. Repealed by Session Laws 2023-151, s. 5(c), effective November 9, 2023.