§ 160A-480. 11. Faith and credit of State and units of local government not pledged.
Bonds or notes issued under this Part are not backed by the State’s or local governments’ faith and credit, and they must be paid only from pledged revenues, property, or other funds.
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- United States — North Carolina
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- en
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bond financing disclosure state-backed debt
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§ 160A-480. 11. Faith and credit of State and units of local government not pledged.
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