BRADENTON, Fla. – Investors who bought $860.1 million of revenue bonds issued by Charlotte, N.C., for Charlotte Douglas International Airport could be impaired by a change in governance being considered by the General Assembly, according to a bond attorney hired by the state treasurer’s office.

Senate Bill 81, which passed on third reading March 13 and was sent to the House where it’s under review, creates the independent Charlotte Regional Airport Authority. If passed, the bill would transfer the airport from the city into the hands of an expanded, 13-member regional board appointed by various officials and local governments.

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