N.C. Gen. Stat. » Chapter 116
NC General Statutes

N.C. Gen. Stat. § 116-209.10 (2026)

Bonds eligible for investment

✓ current as of July 2026
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Bonds issued by the Authority under the provisions of this Article are hereby made securities in which all public officers and public bodies of the State and its political subdivisions, all insurance companies, trust companies, banking associations, investment companies, executors, administrators, trustees and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. Such bonds are hereby made securities which may properly and legally be deposited with and received by any State or municipal officer or any agency or political subdivision of the State for any purpose for which the deposit of bonds or obligations of the State is now or may hereafter be authorized by law. (1967, c. 1177.)

 

Notes of Decisions
Cited in 1 case, 1970–1970 · leading case: State Educ. Assistance Auth. v. Bank of Statesville, 174 S.E.2d 551 (N.C. 1970).
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State Educ. Assistance Auth. v. Bank of Statesville, 174 S.E.2d 551 (N.C. 1970). · cites it 3× “Having determined that Chapter 1177 does not violate any of the provisions of the State or Federal Constitutions referred to in the questions posed by the parties in the agreed statement, the judgment of the court below is affirmed.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.