Upon default of the payment of the interest or principal of such bonds, the holders of the bonds of the corporations organized under this Subchapter shall have a right to enforce the lien created by G.S. 156-52 by civil actions in the superior courts of the State. (1908, c. 75, s. 2; C.S., s. 5311.)
Sections: Previous 156-46 156-47 156-48 156-49 156-50 156-51 156-52 156-53 156-54 156-55 156-56 156-57 156-58 156-59 156-60 Next
Last modified: March 23, 2014