<SEC-DOCUMENT>0000728889-16-002913-index.html : 20160727
<SEC-HEADER>0000728889-16-002913.hdr.sgml : 20160727
<ACCEPTANCE-DATETIME>20160727133202
ACCESSION NUMBER:		0000728889-16-002913
CONFORMED SUBMISSION TYPE:	497K
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20160727
DATE AS OF CHANGE:		20160727
EFFECTIVENESS DATE:		20160727

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Oppenheimer Rochester North Carolina Municipal Fund
		CENTRAL INDEX KEY:			0001357430
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		497K
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-132784
		FILM NUMBER:		161786271

	BUSINESS ADDRESS:	
		STREET 1:		6803 SOUTH TUCSON WAY
		CITY:			CENTENNIAL
		STATE:			CO
		ZIP:			80112-3924
		BUSINESS PHONE:		303-768-3200

	MAIL ADDRESS:	
		STREET 1:		6803 SOUTH TUCSON WAY
		CITY:			CENTENNIAL
		STATE:			CO
		ZIP:			80112-3924
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<SERIES>
<OWNER-CIK>0001357430
<SERIES-ID>S000012508
<SERIES-NAME>Oppenheimer Rochester North Carolina Municipal Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000034012
<CLASS-CONTRACT-NAME>A
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000034013
<CLASS-CONTRACT-NAME>B
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000034014
<CLASS-CONTRACT-NAME>C
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000102772
<CLASS-CONTRACT-NAME>Y
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>497K
<SEQUENCE>1
<FILENAME>ncbody.htm
<TEXT>
Document 1 - file: ncbody.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>imgcf0ec40d1.gif
<DESCRIPTION>GRAPHIC
<TEXT>
Document 2 - file: imgcf0ec40d1.gif

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g655.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 3 - file: g655.jpg

</DOCUMENT>
</SEC-DOCUMENT>