§ 159B-1 – Short title.

159B-1. Short title. This Chapter may be cited as the "Joint Municipal Electric Power and Energy Act." (1975, c. 186, s. 1.)

§ 159B-2 – Legislative findings and purposes.

159B-2. Legislative findings and purposes. The General Assembly hereby finds and determines that: A critical situation exists with respect to the present and future supply of electric power and energy in the State of North Carolina; The public utilities operating in the State have sustained greatly increased capital and operating costs; Such public utilities have […]

§ 159B-3 – Definitions.

159B-3. Definitions. The following terms whenever used or referred to in this Chapter shall have the following respective meanings unless a different meaning clearly appears from the context: (1) "Bonds" shall mean revenue bonds, notes and other evidences of indebtedness of a joint agency or municipality issued under the provisions of this Chapter and shall […]