North Carolina General Statutes 54C-132. United States obligations
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Terms Used In North Carolina General Statutes 54C-132
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- United States: shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
A savings bank may invest in any obligation issued and fully guaranteed in principal and interest by the United States government or any instrumentality of the United States. (1991, c. 680, s. 1.)