North Carolina Statutes
§ 159D-50 — Investment securities
North Carolina·Ch. 159D The North Carolina Capital Facilities Financing Act·Art. 2 Private Capital Facilities Finance Act
All bonds, notes and interest coupons issued under this Article are investment securities within the meaning of and for all the purposes of Article 8 of the Uniform Commercial Code as enacted in this State, whether or not they are of such form and character as to be investment securities under that Article, subject only to the provisions of the bonds and notes pertaining to registration. (1985 (Reg. Sess., 1986), c. 794, s. 16; 2000-179, s. 2.)
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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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