§ 131A-19 – Annual report.
131A-19. Annual report. The Commission shall, promptly following the close of each fiscal year, submit an annual report of its activities under this Article for the preceding year to the Governor, the State Auditor, the Secretary of Health and Human Services, the General Assembly, and the Local Government Commission. The Commission shall cause an audit […]
§ 131A-10 – Credit of State not pledged.
131A-10. Credit of State not pledged. Bonds or notes issued under the provisions of this Article shall not be secured by a pledge of the faith and credit of the State or of any political subdivision thereof or be deemed to create an indebtedness of the State, or of any such political subdivision thereof, requiring […]
§ 131A-11 – Bonds and notes.
131A-11. Bonds and notes. The Commission is hereby authorized to provide for the issuance, at one time or from time to time, of bonds, or notes in anticipation of the issuance of bonds, of the Commission to carry out and effectuate its corporate purposes. The principal of and the interest on such bonds or notes […]
§ 131A-1 – Short title.
131A-1. Short title. This Article shall be known, and may be cited, as the "Health Care Facilities Finance Act." (1975, c. 766, s. 1; 2019-240, s. 27.1(a), (b).)
§ 131A-2 – Legislative findings.
131A-2. Legislative findings. It is hereby declared to be the policy of the State of North Carolina to promote the public health and welfare by providing means for financing, refinancing, acquiring, constructing, equipping and providing of health care facilities to serve the people of the State and to make accessible to them modern and efficient […]
§ 131A-3 – Definitions.
131A-3. Definitions. As used or referred to in this Article, the following words and terms shall have the following meanings, unless the context clearly indicates otherwise: (1) "Bonds" or "notes" means the revenue bonds or bond anticipation notes, respectively, authorized to be issued by the Commission under this Article; (2) "Commission" means the North Carolina […]
§ 131A-4 – Additional powers.
131A-4. Additional powers. The Commission shall have all of the powers necessary or convenient to carry out and effectuate the purposes and provisions of this Article, including, but without limiting the generality of the foregoing, the power: (1) To make and execute contracts and agreements necessary or incidental to the exercise of its powers and […]
§ 131A-5 – Criteria and requirements.
131A-5. Criteria and requirements. In undertaking any health care facilities pursuant to this Article, the Commission shall be guided by and shall observe the following criteria and requirements; provided that the determination of the Commission as to its compliance with such criteria and requirements shall be final and conclusive: (1) There is a need for […]
§ 131A-6 – Additional powers of public agencies.
131A-6. Additional powers of public agencies. For the purposes of this Article, public agencies are authorized and empowered to enter into contracts and agreements, including loan agreements and agreements of sale or lease, with the Commission to facilitate the financing or refinancing, acquiring, constructing, equipping, providing, operating and maintaining of health care facilities and pursuant […]
§ 131A-7 – Procedural requirements.
131A-7. Procedural requirements. In addition to health care facilities initiated by the Commission, any public or nonprofit agency may submit to the Commission, and the Commission may consider, a proposal for financing health care facilities using such forms and following such instructions as may be prescribed by the Commission. Such proposal shall set forth the […]