§ 142-10. Chief clerk may issue when Treasurer unable to act. - North Carolina Statutes

§142‑10.  Chief clerk may issue when Treasurer unable to act.

Whenever it shall appear byformal finding of the Governor and Council of State, within seven days beforeany bonds or notes of the State or any interest thereon shall fall due, that itis advisable to issue notice of the State to provide for the renewal or paymentof such bonds, notes or interest and that the State Treasurer is unable for anyreason to negotiate or to issue such notes, it shall be the duty of the chiefclerk of the State treasury, if the issuance of such notice shall have beenauthorized by law, upon certification to him of such finding, and in the nameof the State Treasurer, to make all necessary negotiations and to sign anddeliver such notes for value and to attach thereto the seal of the StateTreasurer. (1927, c. 12.)