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Code · North Carolina · Chapter 160A — Cities and Towns

§ 160A-479.9. Funds.

81 words·~1 min read·/nc/chapter-160a/160a-479-9

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§ 160A-479.9. Funds.
(a)The establishment and operation of an authority as herein authorized are governmental functions and constitute a public purpose, and the State of North Carolina and any unit of local government may appropriate funds to support the establishment and operation of an authority.
(b)The State of North Carolina and any unit of local government may also dedicate, sell, convey, donate or lease any of their interests in any property to an authority. (1989, c. 780, s. 1.)
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