N.C. Gen. Stat. § 116D-7
Definitions.
§ 116D-7. Definitions.
The following definitions apply in this Article:
(1) Bonds. - Bonds authorized to be issued under this Article, including refunding bonds.
(2) Notes. - Notes issued under this Article.
(3) University improvement general obligation bonds. - Bonds authorized to be issued under this Article, including refunding bonds.