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Home » US Law » 2022 North Carolina General Statutes » Chapter 159 - Local Government Finance » Article 14 - Borrowing by Airport Authorities.

§ 159-210 – Borrowing authority.

159-210. Borrowing authority. Whenever an airport authority is authorized by general or local act to erect and construct improvements and facilities and to lease these improvements and facilities, the authority may borrow money for use in making and paying for these improvements and facilities, secured by and on the credit only of the lease agreements […]