North Carolina Statutes

§ 159C-7 — Approval of industrial projects and pollution control projects by Secretary of Commerce

North Carolina·Ch. 159C Industrial and Pollution Control Facilities Financing Act
(a)Approval Required. - No bonds may be issued by an authority to finance an industrial project or a pollution control project unless the project for which their issuance is proposed is first approved by the Secretary of Commerce. The authority shall file an application for approval of its proposed industrial project or pollution control project with the Secretary of Commerce, and shall notify the Local Government Commission of the filing.
(b)Findings. - The Secretary shall not approve any proposed industrial project or pollution control project unless the Secretary makes all of the following, applicable findings:
(1)In the case of a proposed industrial project, that the proposed project will not have a materially adverse effect on the environment.
(2)In the case of a proposed pollutio

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