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NORTH CAROLINA STATUTES AND CODES

§ 159-75. Judgment validating issue; costs of the action.

§ 159‑75.  Judgmentvalidating issue; costs of the action.

A final decree of the General Court of Justice validating funding orrefunding bonds or the financing or refinancing agreement shall be conclusiveas to the validity of the bonds or the agreement.

The costs of any action brought under G.S. 159‑74 shall be borneby the issuing unit, including a reasonable attorney's fee for the attorneyassigned by the court to defend the interests of the citizens and taxpayers ingeneral. (1931, c. 186, ss.6, 7; 1935, c. 290, s. 3; 1971, c. 780, s. 1; 1973, c. 494, s. 12.)

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