A BILL TO BE ENTITLED AN ACT AUTHORIZING COMMUNITY COLLEGES TO ACQUIRE REAL PROPERTY BY LEASE PURCHASE.
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.
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