Company: North Carolina General Assembly

North Carolina Attorney General Opinion

§ 159‑73.  Financing or refinancing agreements.
Each unit of local government is authorized to enter into agreements with the holders of its outstanding debts for the settlement, adjustment, funding, refunding, financing, or refinancing of the debt. Such an agreement may contain any provisions not inconsistent with law and before the unit may enter into it, it must be approved by the Commission. (1971, c. 780, s. 1.)

G.S. 159-73		Page