North Carolina General Statutes § 160A-466 Revenue and expenditures for joint undertakings

When two or more units of local government are engaged in a joint undertaking, they may enter into agreements regarding financing, expenditures, and revenues related to the joint undertaking. Funds collected by any participating unit of government may be transferred to and expended by any other unit of government in a manner consistent with the agreement. An agreement regarding expenses and revenues may be of reasonable duration not to exceed 99 years. (2003-417, s. 1.)

Sections:  Previous  160A-459  160A-459.1  160A-460  160A-461  160A-462  160A-463  160A-464  160A-466  160A-470  160A-471  160A-472  160A-473  160A-474  160A-475  160A-476  Next

Last modified: March 23, 2014