North Carolina Statutes
§ 159C-18 — Bonds eligible for investment
North Carolina·Ch. 159C Industrial and Pollution Control Facilities Financing Act
Bonds issued by an authority under the provisions of this Chapter are hereby made securities in which all public officers and agencies of the State and all political subdivisions, all insurance companies, trust companies, banking associations, investment companies, executors, administrators, trustees and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. (1975, c. 800, s. 1.)
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Nearby Sections
15
§ 159C-1
Short title§ 159C-10
Location of projects§ 159C-11
Financing agreements§ 159C-12
Security documents§ 159C-13
Trust funds§ 159C-14
Tax exemption§ 159C-15
Construction contracts§ 159C-16
Conflict of interest§ 159C-17
Credit of State not pledged§ 159C-18
Bonds eligible for investment§ 159C-19
Revenue refunding bonds§ 159C-20
No power of eminent domain§ 159C-21
Dissolution of authorities