North Carolina Statutes
§ 159B-13 — Sale of excess capacity and output by a joint agency
North Carolina·Ch. 159B Joint Municipal Electric Power and Energy Act·Art. 2 Joint Agencies; Municipalities
A joint agency may sell or exchange the excess capacity or output of a project not then required by any of its members, for such consideration and for such period and upon such other terms and conditions as may be determined by the parties, to any person, firm, association, or corporation, public or private. (1975, c. 186, s. 1; 1977, c. 385, s. 11; 1995, c. 412, s. 9.)
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Nearby Sections
15
§ 159B-1
Short title§ 159B-14
Bonds of a joint agency§ 159B-15
Issuance of bonds§ 159B-16
Resolution or trust agreement§ 159B-16.1
Revenues - NCEMPA members§ 159B-17
Revenues - other municipalities§ 159B-18
Trust funds; investment authority§ 159B-19
Remedies§ 159B-21
Bonds eligible for investment