§ 142-16 Governor and Council of State may borrow on note
§ 142-17 Recital of facts entered on minutes; directions to Treasurer; limit of amount
§ 142-18 Report to General Assembly
§ 142-19 Power given to Director of Budget to authorize State Treasurer to borrow money
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Terms Used In North Carolina General Statutes > Chapter 142 > Article 2 - Borrowing Money in Emergencies and in Anticipation of Collection of Taxes

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3