North Carolina Statutes

§ 159-87 — Order approving or denying the application

North Carolina § 159-87
JurisdictionNorth Carolina
Ch. 159Local Government Finance
Art. 5Revenue Bonds
Subch. IVLONG-TERM FINANCING

This text of North Carolina § 159-87 (Order approving or denying the application) 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. § 159-87 (2026).

Text

(a)After considering an application the Commission shall enter its order either approving or denying the application. An order approving an issue shall not be regarded as an approval of the legality of the bonds in any respect.
(b)If the Commission enters an order denying the application, the proceedings under this Article shall be at an end. (1971, c. 780, s. 1.)

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Bluebook (online)
North Carolina § 159-87, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/159/159-87.