North Carolina General Statutes Chapter 143B. Executive Organization Act of 1973 § 143B-437.110. Legislative findings and purpose

Current as of January 01, 2023 | Updated by Findlaw Staff

The General Assembly finds that:

(1) It is the policy of the State of North Carolina to stimulate economic activity and to create new jobs for the citizens of the State by encouraging and promoting the attraction of major events to the State that spur economic activity by attracting out-of-state visitors to the State and thereby promoting the travel and tourism industries within the State.

(2) The purpose of this Part is to stimulate economic activity and to create new jobs within the State.

(3) The enactment of this Part will maintain consistency and accountability in a key economic development program and will ensure that the program benefits the State and its citizens.

(4) Nothing in this Part shall be construed to constitute a guarantee or assumption by the State of any debt of any business or to authorize the taxing power or the full faith and credit of the State to be pledged.

Previous Part of Code Next Part of Code

Back to Chapter List

Cite this article: FindLaw.com - North Carolina General Statutes Chapter 143B. Executive Organization Act of 1973 § 143B-437.110. Legislative findings and purpose - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-143b-executive-organization-act-of-1973/nc-gen-st-sect-143b-437-110/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Did FindLaw Help You Understand This Legal Issue?

Make It a Preferred Google Search Source

Add to Google

Latest Blog Posts

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)