N.C. Gen. Stat. § 160A-322
Contracts for electric power and water
North Carolina · North Carolina General Statutes Chapter 160A — Chapter 160A. · Status: effective
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- N.C. Gen. Stat. § 160A-322, Contracts for electric power and water, North Carolina, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1333729
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Contracts for electric power and water. A city is authorized to enter into contracts for a period not exceeding 40 years for the supply of water, and for a period not exceeding 30 years for the supply of electric power or other public commodity or services. (Code, ss. 704, 3117; 1901, c. 283; 1905, c. 526; Rev., s. 2916; 1907, c. 978; P.L. 1917, c. 223; C. S., s. 2623; Ex. Sess. 1921, c. 58; 1927, c. 14; 1933, c. 69; 1949, c. 938; 1955, c. 77; 1959, c. 391; 1961, c. 308; 1967, c. 100, s. 2; c. 1122, s. 1; 1969, c. 944; 1971, c. 698, s. 1.)