North Carolina § 156-52 - Corporation authorized to issue bonds.
Full text of North Carolina North Carolina General Statutes § 156-52 — Corporation authorized to issue bonds., with citation guidance and answers to common questions.
§ 156-52. Corporation authorized to issue bonds.
The corporations organized under this Subchapter are authorized to issue bonds to such an amount and in such denomination as they may elect, payable at such times as may be provided, and to sell the same at not less than par, the proceeds of the sale of such bonds to be used for the payment of the costs of survey and construction and maintenance of the canal. The bonds shall constitute a lien upon the lands drained or improved by the canal as described in the reports of the commissioners. History (1908, c. 75, s. 1; C.S., s. 5310.)
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 156-52
What does North Carolina General Statutes § 156-52 cover?
Section 156-52 ("Corporation authorized to issue bonds.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Carolina § 156-52?
A common citation format is "North Carolina General Statutes § 156-52" (North Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 156-52 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Carolina.