§ 160B-13. Authority to borrow money and issue bonds.
76 words·~1 min read·
/nc/chapter-160b/160b-13A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 160B-13. Authority to borrow money and issue bonds.
A consolidated city-county may borrow money and issue its bonds under Chapter 159, Subchapter IV, and for those purposes shall be considered a unit of local government under Article 4 thereof and a municipality under Article 5 thereof. A consolidated city-county may borrow money and issue its bonds for any purpose for which either a city or a county may do so. (1973, c. 537, s. 1.)