North Carolina Statutes

§ 142-63 — Authorization of financing contract

North Carolina § 142-63
JurisdictionNorth Carolina
Ch. 142State Debt
Art. 8State Energy Conservation Finance Act

This text of North Carolina § 142-63 (Authorization of financing contract) 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. § 142-63 (2026).

Text

Subject to the terms and conditions set forth in this Article, (i) a State governmental unit that is implementing an energy conservation measure pursuant to G.S. 143-64.17L and financing it pursuant to this Article, (ii) a State governmental unit that has solicited a guaranteed energy conservation measure pursuant to G.S. 143-64.17A or G.S. 143-64.17B, or (iii) the State Treasurer, as designated by the Council of State, is authorized to execute and deliver, for and on behalf of the State of North Carolina, a financing contract to finance the costs of the energy conservation measure. The aggregate outstanding amount payable by the State under financing contracts entered pursuant to this Article shall not exceed five hundred million dollars ($500,000,000) at any one time. (2002-161, s. 9; 20

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Bluebook (online)
North Carolina § 142-63, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/142/142-63.