24-1-113
Section 24-1-113 Agreements to secure federal contributions and loans. In any contract
or amendatory or superseding contract for a loan and annual contributions heretofore or hereafter
entered into between a housing authority and the federal government with respect to any housing
project undertaken by said housing authority, any such housing authority is authorized to
make such covenants, including covenants with holders of obligations of said authority issued
for purposes of the project involved, and to confer upon the federal government such rights
and remedies as said housing authority deems necessary to assure the fulfillment of the purposes
for which the housing project was undertaken. In any such contract, the housing authority
may, notwithstanding any other provisions of law, agree to sell and convey the project, including
all lands appertaining thereto, to which such contract relates to the federal government upon
the occurrence of such conditions or upon such defaults on...
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40-3-11
Section 40-3-11 Cost of inventory - To be prorated. The county commission of all such
counties shall have the power and authority to provide for the payment of the cost and expenses
of such inventories and to prorate such cost and expenses between the county, the state, each
municipality, the county board of education, and each city board of education in the county,
such proration to be approximately in the proportion that the revenue received by the state,
the county, such municipalities, and such boards of education, respectively, bears to the
total amount of ad valorem taxes collected in the county. When the board of equalization or
like boards or agencies, with final authority to fix the value of property for the purposes
of taxation of any such county shall provide for the taking of any such inventory and appraisal,
the Comptroller, subject to the approval of the Governor, shall have the authority to pay
the state's pro rata thereof, and each municipality and each board of...
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41-4-16
Section 41-4-16 Consent of department prerequisite to issuance of securities by state
commissions, authorities, etc.; exceptions. No bonds or other evidences of indebtedness of
any commission or authority created to construct or reconstruct highway bridges, approaches
and appurtenances thereto, any state rural electrification authority, any electric membership
corporation, any power district, or any improvement authority shall be issued or sold until
the consent to the issuance and sale thereof shall have been given by the Department of Finance,
to be evidenced by the written approval of the Director of Finance. Such consent shall be
granted only after a public hearing and after a petition requesting such consent has been
duly filed by the corporation, authority, district, commission, or other body seeking such
consent with the department more than five days before the public hearing. The petition shall
specify the plan or program of the body seeking the consent and the uses to which...
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11-54A-10
Section 11-54A-10 Bonds of authority. (a) Source of payment. All bonds issued by the
authority shall be payable solely out of the revenues and receipts derived from the leasing
or sale by the board of its projects or of any thereof as may be designated in the proceedings
of the board under which the bonds shall be authorized to be issued. (b) Pledge of revenues,
receipts and other security. The principal of an interest on any bonds issued by the authority
shall be secured by a pledge of the revenues and receipts out of which the same may be payable
and may be secured by a mortgage and deed of trust or trust indenture conveying as security
for such bonds all or any part of the property of the authority from which the revenues or
receipts so pledged may be derived. The resolution under which the bonds are authorized to
be issued and any such mortgage and deed of trust or trust indenture may contain any agreements
and provisions respecting the operation, maintenance and insurance of the...
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11-56-10
Section 11-56-10 Bonds - Authority for issuance; security for payment of principal and
interest generally; form, terms, denominations, etc.; sale, redemption, etc. The corporation
is authorized at any time and from time to time to issue its interest-bearing revenue bonds
for the purpose of acquiring, constructing, improving, enlarging, completing and equipping
one or more projects. The principal of and the interest on any such bonds shall be payable
solely out of the revenues derived from the project with respect to which such bonds are issued.
None of the bonds of the corporation shall ever constitute an obligation or debt of the state,
the county or the municipality or a charge against the credit or taxing powers of the state,
the county or the municipality. Bonds of the corporation may be issued at any time and from
time to time, may be in such form and denominations, may be of such tenor, may be payable
in such installments and at such time or times, not exceeding 40 years from...
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22-23B-7
Section 22-23B-7 Purpose; issuing, selling and refunding of bonds. For the purpose of
providing funds for the authority to make loans to public bodies for a project or projects,
or for the payment of obligations incurred or temporary loans made for any of said purposes,
the authority is hereby authorized, from time to time, to issue and sell its bonds or other
evidences of indebtedness. Such bonds may be issued in one or more series; shall be in such
form and denominations and of such terms and maturities, not exceeding 30 years from the date
of issue of each series; shall bear such rate or rates of interest, payable and evidenced
in such manner; may contain such provisions for registration or for redemption prior to maturity;
and may contain such other provisions not inconsistent herewith, all as may be provided by
the authorizing resolution. As security for the payment of the principal of and interest on
its bonds, the authority is authorized to pledge, transfer and assign any...
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24-7-6
Section 24-7-6 Contract with government for loans and contributions; state to provide
services, accept dedications, etc., on behalf of authority without charge. (a) The authority
shall endeavor to secure a contract with the government for loans and annual contributions
covering one or more projects comprising units of low-rent housing and to develop and administer
such projects, each of which shall be located within the operating area of the Mowa Choctaw
reservation. (b) During the period commencing with the date of acquisition of any part of
the site or sites of any project and continuing so long as either such project is owned by
a public body or governmental agency and is used for low-rent housing purposes, or any contract
between the authority and the government for loans or annual contributions, or both, in connection
with such projects remain unpaid, whichever period is the longest, the state without cost
or charge to the authority or the tenants of such project shall: (1)...
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41-16A-5
Section 41-16A-5 Permissible contract provisions; general and limited obligation distinction
may be made; allowable pledge payment sources; classification of entity's contracting and
contracts. (a) Alternative financing contracts may be for such term, provide for such renewal
or extension options, provide for such terminating events, provide for the payment of such
rentals, purchase installments, purchase price, and other amounts, and contain such other
terms, provisions, and conditions as the governmental entity shall deem appropriate, and without
limitation to the generality of the foregoing, may contain terms and conditions substantially
similar to any one or more of the following: (1) Provisions for the automatic renewal of the
alternative financing contract for one or more successive periods unless affirmative action
is taken by the governmental entity to terminate such alternative financing contract, and,
if desired, specifying the nature of such affirmative action sufficient to...
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11-51-129
Section 11-51-129 Street railroads, electric, gas, and waterworks companies, etc. The
maximum amount of privilege or license tax which the several municipalities within the state
may annually assess and collect of persons operating electric or hydroelectric street railroads,
electric light and power companies, gas companies, waterworks companies, pipe line companies
for transporting or carrying gas, oil, gasoline, water or other commodities, gas distributing
companies, whether by means of pipe lines or by tanks, drums, tubes, cylinders, or otherwise,
heating companies or other public utilities, incorporated under the laws of this state or
any other state or whether incorporated at all or not, except telephone and telegraph companies,
railroad and sleeping car companies and express companies which are otherwise licensed shall
not exceed three percent of the gross receipts of the business done by the utility in the
municipality during the preceding year; and, for the first year's...
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11-54-179
Section 11-54-179 Bonds of authority generally. (a) Source of payment. All bonds issued
by an authority shall be payable solely out of the revenues and receipts derived from the
leasing or sale by the board of its projects or of any thereof as may be designated in the
proceedings of the board under which the bonds shall be authorized to be issued. (b) Pledge
of revenues, receipts and other security. The principal of and interest on any bonds issued
by an authority shall be secured by a pledge of the revenues and receipts out of which the
same may be payable and may be secured by a mortgage and deed of trust or trust indenture
conveying as security for such bonds all or any part of the property of the authority from
which the revenues or receipts so pledged may be derived. The resolution under which the bonds
are authorized to be issued and any such mortgage and deed of trust or trust indenture may
contain any agreements and provisions respecting the operation, maintenance and insurance...

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