AN ACT AUTHORIZING COMMUNITY COLLEGES TO ACQUIRE REAL PROPERTY BY LEASE PURCHASE. Enacted July 18, 2013. Effective July 18, 2013.
Summary date: Jul 23 2013 - View summary
Summary date: Jun 25 2013 - View summary
Senate committee amendment to the 2nd edition makes the act effective when it becomes law (was, effective July 1, 2013).
Summary date: Apr 30 2013 - View summary
House committee substitute makes the following changes to the 1st edition.
Amends GS 115D-58.15 to clarify that only local fundscan be used for lease-purchase or installment-purchase contracts for real property (was, only non-state funds).
Summary date: Apr 11 2013 - View summary
Amends GS 115D-58.15 to allow the board of trustees of a community college to use lease purchase or installment purchase contracts to purchase or finance the purchase of real property using non-state funds. Makes conforming changes to GS 115D-20. Effective July 1, 2013.