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16-16-9
Section 16-16-9 Execution, form, terms and conditions of bonds; sale; refunding bonds; bonds
to be limited obligations; security for payment; bonds as negotiable instruments; exemption
from taxation; bonds as security for deposits and for investment of fiduciary funds. (a) The
bonds of the authority shall be signed by its president and attested by its secretary, and
the seal of the authority shall be affixed thereto, and any interest coupons applicable to
such bonds shall be signed by the president; provided, that a facsimile of the signature of
one, but not both, of the said officers may be printed or otherwise reproduced on any such
bonds in lieu of his manually signing the same, a facsimile of the seal of the authority may
be printed or otherwise reproduced on any such bonds in lieu of being manually affixed thereto
and a facsimile of the president's signature may be printed or otherwise reproduced on any
such interest coupons in lieu of his manually signing the same. (b) Any bonds...
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22-21-145
Section 22-21-145 Bonds - Recital and notice of issuance; limitation on actions to contest.
Any resolution authorizing any bonds under this article shall contain a recital that they
are issued pursuant to the provisions of this article, which recital shall be conclusive evidence
that said bonds have been duly authorized pursuant to the provisions of this article, notwithstanding
the provisions of any other law now in force or hereafter enacted or amended. Upon the adoption
by the board of any resolution providing for the issuance of bonds, the authority may, in
its discretion, cause to be published once a week, for two consecutive weeks, in a newspaper
then published in the municipality or, if there is no newspaper then published in the municipality,
then, in a newspaper published or circulated in the county, a notice in substantially the
following form, with any appropriate changes, to the extent applicable and with the blanks
being properly filled in: "_____, a public corporation and...
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22-21-182
Section 22-21-182 Borrowing by corporation generally; debts not obligations of state, counties
or municipalities; tax exemptions. (a) All securities of the corporation shall be signed in
the name and behalf of the corporation by its chairman and attested by its secretary, but
a facsimile of the signature of one, but not both, of such officers may be printed thereon
in lieu of the manual signature of such officer, and the seal of the corporation shall be
affixed thereto or a facsimile thereof printed thereon. Any interest coupons applicable to
any securities of the corporation shall be signed by its chairman, but a facsimile of such
chairman's signature may be printed on any such interest coupons in lieu of his manually signing
the same. Any securities of the corporation may be executed and delivered by it at any time
and from time to time, shall be in such form and denomination and of such tenor and maturity
or maturities not exceeding 40 years from their date, shall contain such...
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41-10-28
Section 41-10-28 Execution of bonds and interest coupons; form, terms, denominations, etc.,
of bonds; sale; refunding bonds; liability upon bonds; pledges of certain funds as security
for payment of principal and interest on bonds generally; bonds to be deemed negotiable instruments;
bonds and income therefrom exempt from taxation; use of bonds as security for deposits of
funds of state, etc.; investment of certain state funds and private trust funds in bonds;
public hearing or consent of Department of Finance, etc., not a prerequisite to issuance of
bonds. The bonds of the authority shall be signed by its president and attested by its secretary,
and the seal of the authority shall be affixed thereto, and any interest coupons applicable
to such bonds shall be signed by the president; provided, that a facsimile of the signature
of one, but not both, of said officers may be printed or otherwise reproduced on any such
bonds in lieu of being manually subscribed thereon, a facsimile of the...
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41-10-628
Section 41-10-628 Disposition of proceeds of bonds. (a) The authority is authorized and empowered
to apply the proceeds of any bonds for any of the following purposes or uses: (1) For the
purposes for which the bonds were authorized to be issued. (2) To fund any reserve fund established
in connection with an authorized issue if the authority deems the establishment of such reserve
fund to be necessary and desirable. (3) To pay for the cost of obtaining credit enhancement
for the bonds. (4) To pay capitalized interest on the bonds. (5) To pay the costs of issuing
the bonds. (6) If refunding bonds are issued pursuant to this division, to pay debt service
on and the redemption price of any bonds to be refunded. (b) Pending the application of the
proceeds of bonds of the authority to the purpose or purposes for which the bonds were issued,
the proceeds and any monies held in funds created as security for the bonds may be invested
by the authority in permitted investments, as the authority...
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45-29-90.12
Section 45-29-90.12 Rates, fees, and charges for services. (a) Rates, fees, and charges for
services rendered by the authority from any of its facilities shall be fixed and from time
to time revised by the authority; provided, that such rates, fees, and charges shall be so
fixed as at all times to provide funds at least sufficient to do all of the following: (1)
To pay the cost of operating, maintaining, repairing, replacing, extending, and improving
the facilities and other property from which such services are rendered. (2) To pay the principal
of and the interest on all bonds issued and obligations assumed by it, the authority, that
are payable out of the revenues derived from the operation of those facilities, as the principal
and interest become due and payable. (3) To create and maintain such reserves for the foregoing
purposes or any of them as may be provided in any mortgage and deed of trust or trust indenture
executed by the authority hereunder or in any resolutions of the...
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16-60-91
Section 16-60-91 Execution, form, terms, sale, etc., of bonds; use of proceeds; security; bonds
legal investments. The bonds of the authority shall be signed by its president and attested
by its secretary and the seal of the authority shall be affixed thereto, and any interest
coupons applicable to such bonds shall be signed by the president; provided, that a facsimile
of the signature of one, but not both, of said officers may be printed or otherwise reproduced
on any such bonds in lieu of his signing the same, a facsimile of the seal of the authority
may be printed or otherwise reproduced on any such bonds in lieu of being manually affixed
thereto and a facsimile of the president's signature may be printed or otherwise reproduced
on any such interest coupons in lieu of his signing the same. Any bonds of the authority may
be executed and delivered by it at any time and from time to time, shall be in such form and
denominations and of such tenor and maturities, shall bear such rate or...
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22-21-130
Section 22-21-130 Definitions. For the purposes of this article, unless otherwise indicated,
the following terms shall have the meanings respectively ascribed to them by this section:
(1) AUTHORITY. A corporation organized pursuant to the provisions of this article. (2) BOARD.
The board of directors of the authority. (3) BOND. Any bond issued under the provisions of
this article, including refunding bonds. (4) COUNTY. That county in which the certificate
of incorporation of the authority shall be filed for record. (5) COUPON. Any interest coupon
evidencing an installment of interest payable with respect to a bond. (6) FISCAL YEAR. A fiscal
year of the municipality. (7) GOVERNING BODY. The council, board of commissioners or other
like body in which the legislative functions of the municipality are vested by law. (8) INDENTURE.
A mortgage, an indenture of mortgage, deed of trust or trust indenture executed by the authority
as security for any bonds. (9) LEASE AGREEMENT. Any agreement of...
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22-21-355
Section 22-21-355 Further provisions respecting investment of funds. In addition to the investment
powers granted by the enabling statute, any authority shall, to the extent permitted by the
contracts of such authority with the holders of its securities, have the further power to
invest any portion of the principal proceeds derived from the sale of any of its securities
not then needed for any of the purposes for which such securities were authorized to be issued,
any moneys held in any special fund created pursuant to any resolution or mortgage, mortgage
indenture, mortgage and trust indenture or trust indenture authorizing or securing any of
its securities, and any other moneys of such authority not then needed by it, in any of the
following: (1) Debt securities (whether general obligations or limited or special obligations)
of any state, territory or possession of the United States of America and of any political
subdivision of any such state, territory or possession, but if and...
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23-2-147
Section 23-2-147 Bonds; issuance; forms; procedures, etc. (a) The authority is hereby authorized
to provide by resolution for the issuance of bonds of the authority for any of its corporate
purposes, including the refunding of its bonds. The principal of and the interest on any issue
of such bonds shall be payable solely from, and be secured by a pledge of, tolls and other
revenues of all or any part of the toll road, bridge, or tunnel project financed in whole
or in part with the proceeds of such issue or with the proceeds of bonds refunded or to be
refunded by such issue. The proceeds of any such bonds may be used or pledged for the payment
or security of the principal or of the interest on bonds, and for the establishment of any
or all reserves for such payment or security, or for other corporate purposes as the authority
may authorize in the resolution authorizing the issuance of bonds or in the trust agreement
securing the same. (b) The bonds of each issue shall be dated; shall...
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