North Carolina Statutes
§ 160A-687 — Competition
(a)Prohibition. - No equipment of the Authority may be used for charter, tour, or sight-seeing service, except as provided by this section.
(b)Charter Services. - Equipment of the Authority may be used for occasional charter service events, if all of the following conditions are met:
(1)The use of the equipment for the charter service is approved in writing by the Board of Trustees.
(2)The revenues received by the Authority from the provision of the charter service exceed fully allocated expenses.
(3)The charter service does not adversely affect regularly scheduled ferry transportation services provided by the Authority. (2017-120, s. 1.)
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Nearby Sections
15
§ 160A-1
Application and meaning of terms§ 160A-101
Optional forms§ 160A-102
Amendment by ordinance§ 160A-107
Plan to continue for two years§ 160A-108
Municipal officers to carry out plan§ 160A-109
Effective date§ 160A-11
Corporate powers§ 160A-110
Charters to remain in force§ 160A-12
Exercise of corporate power