Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

§
Marginalia
Code · North Carolina · Chapter 131A — Health Care Facilities Finance Act

§ 131A-35. Award of loans; terms.

156 words·~1 min read·/nc/chapter-131a/131a-35

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

§ 131A-35. Award of loans; terms.
(a)Award. - Upon approval of the loan by the Commission, UNC Health Care shall execute the terms of the loan agreement. In adopting terms of the loan agreement, UNC Health Care may require changes to the governance structure of the eligible hospital.
(b)Interest Rate and Maturity. - The interest rate payable on and the maximum maturity of a loan are subject to the following limitations:
(1)Interest rate. - The interest rate for a loan may not exceed the interest rate obtained by the State on its most recent general obligation bond offering.
(2)Maturity. - The maturity for a loan may not exceed 20 years.
(c)Debt Instrument. - UNC Health Care shall execute a debt instrument with the recipient of the loan to evidence the obligation to repay the principal of and interest on the loan awarded under this Article to the State. (2019-240, s. 27.2.)
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.