North Carolina § 160A-464 Provisions of the agreement

North Carolina Statutes

§ 160A-464 — Provisions of the agreement

North Carolina § 160A-464

Ch. 160ACities and Towns

Art. 20Interlocal Cooperation

This text of North Carolina § 160A-464 (Provisions of the agreement) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.C. Gen. Stat. § 160A-464 (2026).

Text

Any contract or agreement establishing an undertaking shall specify:

(1)The purpose or purposes of the contract or agreement;

(2)The duration of the agreement;

(3)If a joint agency is established, its composition, organization, and nature, together with the powers conferred on it;

(4)The manner of appointing the personnel necessary to the execution of the undertaking;

(5)The method of financing the undertaking, including the apportionment of costs and revenues;

(6)The formula for ownership of real property involved in the undertaking, and procedures for the disposition of such property when the contract or agreement expires or is terminated;

(7)Methods for amending the contract or agreement;

(8)Methods for terminating the contract or agreement;

(9)Any other necessary or proper mat

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Any contract or agreement establishing an undertaking shall specify:
(1) The purpose or purposes of the contract or agreement;
(2) The duration of the agreement;
(3) If a joint agency is established, its composition, organization, and nature, together with the powers conferred on it;
(4) The manner of appointing the personnel necessary to the execution of the undertaking;
(5) The method of financing the undertaking, including the apportionment of costs and revenues;
(6) The formula for ownership of real property involved in the undertaking, and procedures for the disposition of such property when the contract or agreement expires or is terminated;
(7) Methods for amending the contract or agreement;
(8) Methods for terminating the contract or agreement;
(9) Any other necessary or proper matter. (1971, c. 698, s. 1.)