North Carolina Statutes
§ 159-138 — Cancellation of bonds and notes
North Carolina § 159-138
JurisdictionNorth Carolina
Ch. 159Local Government Finance
Art. 7Issuance and Sale of Bonds
Subch. IVLONG-TERM FINANCING
This text of North Carolina § 159-138 (Cancellation of bonds and notes) 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. § 159-138 (2026).
Text
Each bond or note and coupon shall be cancelled when (i) it is paid, or (ii) it is acquired by the issuing unit in any manner other than purchase for investment. A full report of the cancellation of all bonds, notes, and coupons shall be made to the secretary on forms provided by the Commission. (1931, c. 60, s. 27; 1939, c. 356; 1971, c. 780, s. 1.)
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Nearby Sections
15
§ 159-1
Short title and definitions§ 159-10
Budget requests§ 159-100
Authorization§ 159-101
Short title§ 159-102
Unit of local government defined§ 159-108
Agreements with property owners§ 159-109
Special covenantsCite This Page — Counsel Stack
Bluebook (online)
North Carolina § 159-138, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/159/159-138.