§ 142-100. Purpose. - North Carolina Statutes

Article 10.

Managing Debt Capacity.

§ 142‑100.  Purpose.

The purpose of this Article isto provide tools for sound debt management by providing an annual debtaffordability study to establish guidelines for maintaining prudent debt levelsand by establishing a system for prioritizing State capital needs when theneeds exceed the State's capacity for new debt. (2004‑179, s. 5.1.)