§ 159D-8 – Approval of bonds.
159D-8. Approval of bonds. (a) No bonds may be issued by the agency pursuant to this Article unless the issuance is first approved by the Local Government Commission. The agency shall file an application for approval of its proposed bond issue with the secretary of the Local Government Commission, and shall notify the Secretary of […]
§ 159D-1 – Short title.
159D-1. Short title. This Article may be referred to as "The North Carolina Industrial and Pollution Control Facilities Financing Act." (1977, 2nd Sess., c. 1198, s. 1; 1987, c. 517, s. 1; 2000-179, s. 2.)
§ 159D-2 – Legislative findings and purposes.
159D-2. Legislative findings and purposes. (a) The General Assembly finds and determines that there exists in the State a critical condition of unemployment and a scarcity of employment opportunities; that the economic insecurity which results from such unemployment and scarcity of employment opportunities constitutes a serious menace to the safety, morals and general welfare of […]
§ 159D-3 – Definitions.
159D-3. Definitions. The following terms, whenever used or referred to in this Article, shall have the following respective meanings, unless a different meaning clearly appears from the context: (1) "Agency" means the North Carolina Capital Facilities Finance Agency, an agency of the State created pursuant to G.S. 159D-38 of the North Carolina Capital Facilities Finance […]
§ 159D-4.1 – Jurisdiction of the agency.
159D-4.1. Jurisdiction of the agency. All actions taken by counties, local officials, the Secretary of State, the State Treasurer, and other interested parties to create and organize The North Carolina Industrial Facilities and Pollution Control Financing Authority are ratified and confirmed. All duties, powers, jurisdiction, and responsibilities vested by statute or by contract in the […]
§ 159D-5 – General powers.
159D-5. 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 adopt bylaws for the regulation of its affairs and the conduct of its business and to prescribe rules, regulations and policies in […]
§ 159D-6 – Bonds.
159D-6. Bonds. (a) The agency is authorized to provide for the issuance, at one time or from time to time, of bonds of the agency for the purpose of paying all or any part of the cost of any project. The principal of, the interest on and any premium payable under the redemption of such […]