North Carolina § 159-210 - Borrowing authority.
Full text of North Carolina North Carolina General Statutes § 159-210 — Borrowing authority., with citation guidance and answers to common questions.
§ 159-210. Borrowing authority.
Whenever an airport authority is authorized by general or local act to erect and construct improvements and facilities and to lease these improvements and facilities, the authority may borrow money for use in making and paying for these improvements and facilities, secured by and on the credit only of the lease agreements in respect to these improvements and facilities, and to pledge and assign the leases and lease agreements as security for the authorized loans. The airport authority's power to borrow money under this section is subject to the approval of the Commission. To the extent this section conflicts with any local act, then this section shall control. History (2005-342, s. 4.) Editor's Note. - This section was enacted as G.S. 159-201, and was redesignated as G.S. 159-210 at the direction of the Revisor of Statutes. §§ 159-211 through 159-215: Reserved for future codification purposes.
Frequently Asked Questions About North Carolina § 159-210
What does North Carolina General Statutes § 159-210 cover?
Section 159-210 ("Borrowing authority.") 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 § 159-210?
A common citation format is "North Carolina General Statutes § 159-210" (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 § 159-210 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.