North Carolina Statutes
§ 156-100.3 — Sinking fund
North Carolina § 156-100.3
JurisdictionNorth Carolina
Ch. 156Drainage
Art. 8Assessments and Bond Issue
Subch. IIIDRAINAGE DISTRICTS
This text of North Carolina § 156-100.3 (Sinking fund) 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. § 156-100.3 (2026).
Text
The commissioners of the drainage district may establish a sinking fund to be used to pay bonds and notes issued by the district. The terms and conditions by which the said sinking fund is established shall be approved by the clerk of the superior court who has jurisdiction of said district. (1963, c. 767, s. 10.)
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Nearby Sections
15
§ 156-1
Supplemental proceeding§ 156-10
Right to drain into canal§ 156-100
Sale of bonds§ 156-100.1
Sale of assessment anticipation notes§ 156-100.3
Sinking fund§ 156-101
Refunding bonds issued§ 156-102
Drainage bonds received as deposits§ 156-103
Assessment rolls prepared§ 156-104
Application of amendatory provisions of certain sections; amendment or reformation of proceedings§ 156-108
Receipt books preparedCite This Page — Counsel Stack
Bluebook (online)
North Carolina § 156-100.3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/156/156-100.3.