Status of bonds and notes under Uniform Commercial Code

N.C. Gen. Stat. § 63A-17

N.C. Gen. Stat. § 63A-17

All bonds and notes and interest coupons, if any, issued under this Chapter are made investment securities within the meaning of and for all the purposes of Article 8 of the Uniform Commercial Code, as enacted in Chapter 25 of the General Statutes. (1991, c. 749, s. 1.)