North Carolina Statutes
§ 156-53 — Payment of bonds enforced
North Carolina § 156-53
JurisdictionNorth Carolina
Ch. 156Drainage
Art. 4Rights and Liabilities in the Corporation
Subch. IIDRAINAGE BY CORPORATION
This text of North Carolina § 156-53 (Payment of bonds enforced) 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. § 156-53 (2026).
Text
Upon default of the payment of the interest or principal of such bonds, the holders of the bonds of the corporations organized under this Subchapter shall have a right to enforce the lien created by G.S. 156-52 by civil actions in the superior courts of the State.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
(1908, c. 75, s. 2; C.S., s. 5311.)
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 § 156-53, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/156/156-53.