X0306 4 2016-07-01 0 0000899761 NUVEEN NORTH CAROLINA PREMIUM INCOME MUNICIPAL FUND NNC 0000070858 BANK OF AMERICA CORP /DE/ BANK OF AMERICA CORPORATE CENTER 100 N TRYON ST CHARLOTTE NC 28255 0 0 1 0 0001565450 Banc of America Preferred Funding Corp 214 NORTH TRYON STREET CHARLOTTE NC 28255 0 0 1 0 Variable Rate MuniFund Term Preferred Shares 2016-07-01 4 J 0 1250 D 0 I By Subsidiary Variable Rate MuniFund Term Preferred Shares 2016-07-01 4 J 0 1540 A 1540 I By Subsidiary The disposition of shares occurred pursuant to an Purchase and Exchange Agreement among the Issuer and Banc of America Preferred Funding Corporation ("PFC") pursuant to which PFC exchanged 1,250 existing Variable Rate MuniFund Term Preferred Shares of NNC for an equal number of newly issued Variable Rate MuniFund Term Preferred Shares, Series 2019, of NNC, and purchased 290 newly issued Variable Rate MuniFund Term Preferred Shares, Series 2019, of NNC, for a purchase price of $100,000 per share. This statement is jointly filed by Bank of America Corporation and PFC. Bank of America Corporation holds an indirect interest in the securities listed in Table I (the "Securities") by virtue of its indirect ownership of its subsidiary PFC. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer. Exhibits Index Exhibit 99.1 - Joint Filing Agreement Exhibit 99.2 - Joint Filer Information / s / Sarah Turner 2016-07-06 / s / Edward Curland 2016-07-06