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Home » US Law » 2022 North Carolina General Statutes » Chapter 159 - Local Government Finance » Article 12 - Borrowing by Development Authorities Created by General Assembly.

§ 159-188 – Borrowing authority.

159-188. Borrowing authority. A development authority created as a body corporate and politic by an act of the General Assembly, and having as its purpose to stimulate, foster, coordinate, plan, improve and encourage economic development in order to relieve poverty, dependency, chronic unemployment, underemployment and to promote the improvement and development of the economy of […]