41-29-507
Section 41-29-507 Disbursements of funds. Out of the revenues appropriated and pledged
in Section 41-29-506, the state treasurer is hereby authorized and directed to pay
the principal of and interest on the bonds issued by the authority under the provisions of
this article, as the said principal and interest shall respectively mature, and the state
treasurer is further authorized and directed to set up and maintain appropriate records pertaining
thereto. (Act 2018-541, §4.)...
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45-29-90.14
Section 45-29-90.14 Contracts to secure bonds and assumed obligations. As security for
payment of the principal of and interest on bonds issued or obligations assumed by it, the
authority may enter into a contract or contracts binding itself for the proper application
of the proceeds of bonds or other funds, for the continued operation and maintenance of any
facilities owned by it, or any part or parts thereof, for the imposition and collection of
reasonable rates for and the promulgation of reasonable regulations respecting any service
furnished from such facilities, for the disposition and application of its gross revenues
or any part thereof, and for any other act or series of acts not inconsistent with this article
for the protection of the bonds and other obligations being secured and the assurance that
the revenues from such facilities will be sufficient to operate such facilities, maintain
the same in good repair and in good operating condition, pay the principal of and interest...

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11-95-8
Section 11-95-8 Bonds of corporation - From what source payable; pledge of revenues;
execution; form, interest rate, maturity, sale, and negotiability; nature of obligation and
source of payment; investment eligibility. (a) All bonds issued by a corporation shall be
payable solely from one or more of the following sources as may be designated in the proceedings
of the board under which such bonds shall be authorized to be issued: (1) Hospital taxes;
and (2) Revenues from any hospital facilities owned or operated by it. (b) The principal of
and interest on any bonds issued by a corporation shall be secured by a pledge of the designated
revenues and may be secured by a trust indenture evidencing such pledge or by a non-foreclosable
mortgage and deed of trust conveying as security for such bonds all or any part of the property
of the corporation from which any part of the designated revenues so pledged may be derived.
The resolution of the board under which the bonds are authorized to be...
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22-3A-22
Section 22-3A-22 Payment by State Treasurer authorized; records. Out of the revenues
appropriated and pledged in or pursuant to Section 22-3A-16, the State Treasurer is
authorized and directed to pay the principal of and the interest and premium (if any) on the
bonds on the respective due dates of such principal, interest and premium (if any), and he
is further authorized and directed to set up and maintain appropriate records pertaining thereto.
(Acts 1990, No. 90-598, §22.)...
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23-6-11
Section 23-6-11 State Treasurer to disburse funds. Out of the revenues appropriated
and pledged in Section 23-6-10, the State Treasurer is authorized and directed to pay
the principal of, premium, if any, and interest on the bonds issued by the corporation under
the provisions of this chapter, as such principal, premium, if any, and interest shall respectively
mature, and he is further authorized and directed to set up and maintain appropriate records
pertaining thereto. (Acts 1985, No. 85-549, p. 833, §11.)...
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41-10-63
Section 41-10-63 Authority and procedure for pledge of revenues of authority and creation
of statutory lien upon facilities and properties thereof for payment of principal and interest
on bonds; remedies upon default in payment of principal or interest on bonds. (a) In the proceedings
authorizing the issuance of any of its bonds, the authority is hereby authorized and empowered
to pledge for the payment of the principal of and interest on such bonds, as the said principal
and interest shall respectively mature, and to agree to use solely for such purpose all the
revenues which under the provisions of Section 41-10-65 are provided for the payment
of the said principal and interest. All such pledges made by the authority shall take precedence
in the order of the resolutions containing such pledge. (b) In said proceedings the authority
may further provide and create a statutory lien upon the facilities and properties of the
authority as security for the payment of said principal and...
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11-81-166
Section 11-81-166 Revenue bonds - Authority for issuance; authorization proceedings
generally; form, terms, denominations, etc.; execution and delivery generally; maturity and
sale; payment generally; trust indentures. (a) Any borrower may issue its revenue bonds for
the purpose of: (1) Financing the acquisition, improvement, enlargement, extension and repair,
or any of them, of a system or systems; (2) Refunding the principal of and the interest on
any bonds of such borrower theretofore issued under this article and then outstanding, whether
or not such principal and interest shall have matured at the time of such refunding; or (3)
Financing any such acquisition, improvement, enlargement, extension and repair, or any of
them, and refunding any such principal and interest. (b) Any bonds issued under this article
shall be made payable solely out of the revenues from the operation of a system or systems
of the borrower and may be made payable from any such revenues without regard to...
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16-16B-6
Section 16-16B-6 (Implementation Conditioned on Separate Legislative Enactment.) Appropriation
of revenues to the authority; pledge thereof for. For the purpose of providing for payment
of the principal, premium (if any), and interest on the Bonds, and to accomplish the objectives
of this chapter, there is hereby irrevocably pledged to those purposes, and hereby appropriated,
such amount as may be necessary therefor from the following sources: (a) The residue of the
receipts from the excise tax ("the utility gross receipts tax") levied by Title
40, Chapter 21, Article 3, as amended ("Article 3"), remaining after payment of
the expenses of administration and enforcement of Article 3, being that portion of the tax
that is required by Article 3 to be deposited in the State Treasury to the credit of the Trust
Fund, after there shall have been taken from the residue the amount necessary to pay at their
respective maturities the principal of and interest on those bonds issued by the...
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33-2-101
Section 33-2-101 Application of revenues from inland waterways facilities. The gross
revenues derived from the operation of each unit of development comprising a part of the inland
waterways facilities shall be applied for the following purposes in the following order: (1)
Payment of the expenses of operating and maintaining in good operating condition the unit
of development from which such revenues are derived; and (2) payment of the expenses of operating
and maintaining in good condition any other unit of development or units of development comprising
a part of the inland waterways facilities. Whenever the gross revenues received by the department
from the inland waterways facilities during a fiscal year shall be greater than the expenses
of operating and maintaining in good operating condition the inland waterways system during
that fiscal year, then the revenues from the inland waterways system remaining at the end
of that fiscal year after compliance with the first sentence of...
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33-2-130
Section 33-2-130 Application of revenues from inland facilities. The gross revenues
derived from the operation of each unit of development comprising a part of the inland facilities
shall be applied for the following purposes in the following order: (1) Payment of the expenses
of operating and maintaining in good operating condition the unit of development from which
such revenues are derived; and (2) payment of the expenses of operating and maintaining in
good condition any other unit of development or units of development comprising a part of
the inland facilities. Whenever the gross revenues received by the department from the inland
facilities during a fiscal year shall be greater than the expenses of operating and maintaining
in good operating condition the inland system during the fiscal year, then the revenues from
the inland system remaining at the end of the fiscal year after compliance with the first
sentence of this section shall be applied for that one or more or all of the...
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