§ 116-209.9. Negotiability of bonds. - North Carolina Statutes

§ 116‑209.9. Negotiability of bonds.

All bonds issued under the provisions of this Article shall have andare hereby declared to have all the qualities and incidents,  includingnegotiability, of investment securities under the Uniform Commercial Code of theState but no provision of such Code respecting the filing of a financialstatement to perfect a security interest shall be deemed applicable to ornecessary for any security interest created in connection with the issuance ofany such bonds. (1967, c. 1177;1971, c. 392, s. 10.)