§ 162A-56. Advances by political subdivisions for preliminary expenses of districts. - North Carolina Statutes

§ 162A‑56. Advances by political subdivisions for preliminary expenses of districts.

Any political subdivision is hereby authorized to make advances, fromany moneys that may be available for such purpose, in connection with thecreation of such district and to provide for the preliminary expenses of suchdistrict. Any such advances may be repaid to such political subdivision fromthe proceeds of bonds issued by said district or from other available funds ofsaid district. (1971, c. 815, s.26.)