§ 159D-57 – Additional method.
159D-57. Additional method. The foregoing sections of this Article provide an additional and alternative method for the doing of the things authorized and are supplemental and additional to powers conferred by other laws. This Article does not derogate any existing powers. The issuance of bonds or notes under the provisions of this Article need not […]
§ 159D-52 – Refunding bonds or notes.
159D-52. Refunding bonds or notes. (a) The agency is authorized to provide for the issuance of refunding bonds or notes for the purpose of refunding any bonds or notes then outstanding which have been issued under the provisions of this Article, including the payment of any redemption premium and any interest accrued or to accrue […]
§ 159D-37 – Definitions.
159D-37. Definitions. As used or referred to in this Article, the following words and terms have the following meanings, unless the context clearly indicates otherwise: (1) "Agency" means the North Carolina Capital Facilities Finance Agency or, should this agency be abolished or otherwise divested of its functions under this Article, the public body succeeding it […]
§ 159D-53 – Annual report.
159D-53. Annual report. The agency 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 General Assembly, and the Local Government Commission. The agency shall cause an audit of its books and accounts relating to […]
§ 159D-38 – Capital facilities finance agency.
159D-38. Capital facilities finance agency. (a) There is created a body politic and corporate to be known as "North Carolina Capital Facilities Finance Agency" which shall be constituted a public agency and an instrumentality of the State for the performance of essential public functions. The agency shall be governed by a board of directors composed […]
§ 159D-54 – Officers not liable.
159D-54. Officers not liable. No member or officer of the agency shall be subject to any personal liability or accountability by reason of the issuance or execution of any bonds or notes. (1985 (Reg. Sess., 1986), c. 794, s. 20; 2000-179, s. 2.)
§ 159D-39 – General powers.
159D-39. General powers. The agency shall have all of the powers necessary or convenient to carry out and effectuate the purposes and provisions of this Article, including all of the following: (1) To make and execute contracts and agreements necessary or incidental to the exercise of its powers and duties under this Article, including loan […]
§ 159D-55 – Tax exemption.
159D-55. Tax exemption. The exercise of the powers granted by this Article will be in all respects for the benefit of the people of the State and will promote their health and welfare. Any bonds or notes issued by the agency under the provisions of this Article are at all times be free from taxation […]
§ 159D-40 – Criteria and requirements.
159D-40. Criteria and requirements. (a) In undertaking any project pursuant to this Article, the agency shall be guided by and shall observe the following criteria and requirements listed below. The determination of the agency as to its compliance with these criteria and requirements is conclusive. (1) No project shall be sold or leased nor any […]
§ 159D-56 – Conflict of interest.
159D-56. Conflict of interest. If any member, officer or employee of the agency is interested either directly or indirectly, or is an officer or employee of or has an ownership interest in any firm or corporation interested directly or indirectly, in any contract with the agency, this interest shall be disclosed to the agency and […]