North Carolina Statutes
§ 159D-18 — Bonds eligible for investment
North Carolina·Ch. 159D The North Carolina Capital Facilities Financing Act·Art. 1 Industrial And Pollution Control Facilities Financing
Bonds issued by the agency under the provisions of this Article are securities in which all public officers and agencies of the State and all political subdivisions, and 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. (1977, 2nd Sess., c. 1198, s. 1.; 2000-179, s. 2.)
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North Carolina § 159D-18 (Bonds eligible for investment) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 159D-1
Short title§ 159D-10
Location of projects§ 159D-11
Financing agreements§ 159D-12
Security documents§ 159D-13
Trust funds§ 159D-14
Tax exemption§ 159D-15
Construction contracts§ 159D-16
Conflict of interest§ 159D-17
Credit of State not pledged§ 159D-18
Bonds eligible for investment§ 159D-19
Revenue refunding bonds§ 159D-20
No power of eminent domain§ 159D-24
Officers not liable§ 159D-25
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