11-57-17
Section 11-57-17 Refunding bonds. The authority may at any time and from time to time sell
and issue its refunding revenue bonds for the purpose of refunding the principal of and interest
on any matured or unmatured bonds of the authority at the time outstanding and for the payment
of any expenses incurred in connection with such refunding and any premium necessary to be
paid to redeem or retire the bonds so to be refunded. Any such refunding may be effected either
by sale of refunding bonds and the application of the proceeds thereof to payment, redemption
or retirement of the bonds to be refunded thereby, by exchange of the refunding bonds for
the bonds or interest coupons to be refunded thereby or by any combination thereof; provided,
that the holders of any bonds or coupons so to be refunded shall not be compelled without
their consent to surrender their bonds or coupons for payment or exchange prior to the date
on which they may be paid or redeemed by the authority under their...
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22-21-142
Section 22-21-142 Bonds - Refunding. The authority may at any time and from time to time sell
and issue its refunding revenue bonds for the purpose of refunding the principal of, and interest
on, any matured or unmatured bonds of the authority at the time outstanding and for the payment
of any expenses incurred in connection with such refunding and any premium necessary to be
paid to redeem or retire the bonds so to be refunded; provided, that the principal amount
of bonds the authority may issue for refunding purposes may not exceed the sum of the following:
the principal amount of the bonds refunded thereby, the interest to mature thereon from the
immediately preceding interest payment date to their respective maturities (or, in the event
the bonds to be refunded, or any part thereof, are to be retired prior to their respective
maturities, the interest to mature thereon from the immediately preceding interest payment
date until the date or dates on which they are to be retired), any...
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11-15-14
Section 11-15-14 Refunding warrants. All or any warrants issued by the corporation may from
time to time thereafter be refunded by the issuance of refunding revenue warrants of the corporation,
but the amount of any refunding warrants so issued shall not exceed the principal of the warrants
refunded thereby together with any unpaid interest thereon and any premiums, commissions and
expenses necessary to be paid in connection with such refunding. Any such refunding may be
done regardless of whether the warrants to be refunded shall have then matured or shall thereafter
mature and may be effected either by sale of the refunding warrants and the application of
the proceeds thereof or by exchange of the refunding warrants for the warrants to be refunded
thereby; provided, that the holders of any warrants so to be refunded shall not be compelled
without their consent to surrender their warrants for payment or exchange prior to the date
on which they may be redeemed by the corporation under...
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11-58-7
Section 11-58-7 Bonds - Form, terms, denominations, etc.; execution, sale, delivery, etc.;
dissolution of corporation. (a) All bonds issued by a corporation organized under authority
of this chapter shall be solely and exclusively obligations of the corporation and shall not
create an obligation or debt of any municipality or county. No county or municipality shall
pledge its faith or credit for the payment of any debt incurred or bonds issued by the corporation.
(b) Bonds may be executed and delivered at any time and from time to time, may be in the form
and denominations, may be of the tenor, may be in registered or bearer form, either as to
principal or interest or both, may be payable in installments and at a time or times, not
exceeding 40 years from their issuance date, may be payable at a place or places, may bear
interest at a rate or rates payable at a place or places and evidenced in a manner, and may
contain provisions not inconsistent with this chapter as may be provided by...
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2-6-114
Section 2-6-114 Form and contents of bonds; redemption. (a) Any bonds of the corporation 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 rates of interest,
payable and evidenced in such manner, may contain provisions for redemption prior to maturity,
and may contain other provisions not inconsistent herewith, all as may be provided by the
resolution of the board of directors whereunder such bonds are authorized to be issued; provided,
that no bond of the corporation shall have a specified maturity date later than 30 years after
its date. Each bond of the corporation may be made subject to redemption at the option of
the corporation under such terms and conditions and at such premiums, if any, as may be provided
in the resolution under which the bond is authorized to be issued. The corporation may pay
out of the proceeds of the sale of its bonds all expenses,...
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11-50-318
Section 11-50-318 Disposition of proceeds from sale of bonds. All moneys derived from the sale
of any bonds issued by any corporation organized under this article or the articles of incorporation
of which are amended under this article shall be used solely for the purpose or purposes for
which the same are authorized, including any engineering, legal, and other expenses incidental
thereto and, in the case of bonds issued in whole or in part for construction of a system
or any part thereof, interest on such bonds or, if a part only of the bonds are issued for
the purpose of such construction, on the part of such bonds issued for that purpose, prior
to and during such construction and for not exceeding one year after completion of such construction
and, in the case of bonds issued by such corporation for the purpose of refunding outstanding
bonds of such corporation, any premium which it may be necessary to pay in order to redeem
or retire the bonds to be refunded. (Acts 1951, No. 175,...
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11-89B-2
Section 11-89B-2 Form, terms, denominations, etc. of bonds; execution and delivery; interest;
sale; issuance of refunding bonds; liability on bonds; source of payment; use of proceeds;
mortgage, deed of trust, etc., containing certain agreements. All bonds issued pursuant to
the provisions of this chapter shall be signed by the chairman of the board of directors or
other governing body or other chief executive officer of such public corporation and attested
by its secretary and the seal of such public corporation shall be affixed thereto; provided,
that a facsimile of the signatures of both of the officers whose signatures will appear on
the bonds may be imprinted or otherwise reproduced thereon in lieu of being manually signed
if the proceedings in which the bonds are authorized to be issued provide for the manual authentication
of such bonds by a trustee, registrar or paying agent; provided further, that a facsimile
of the seal of such public corporation may be imprinted or otherwise...
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41-10-93
Section 41-10-93 Authority for issuance of bonds by corporation; liability upon bonds; form,
terms, denominations, etc.; redemption; sale; payment of expenses in connection with authorization,
sale and issuance; bonds to contain recital as to authority for issuance; bonds to be deemed
negotiable instruments. 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 interest on
any such bonds shall be payable solely out of the rent, revenues and income 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 power of the state, the county or municipality. The
bonds of the corporation may be in such form and denomination, may be...
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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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11-58-9
Section 11-58-9 Bonds - Disposition of proceeds from sale. (a) The proceeds from the sale of
any bonds issued by a corporation organized under authority of this chapter shall be applied
only for the purpose for which the bonds were issued; provided, however, that any accrued
interest and premium received in any such sale shall be applied to the payment of the principal
of or the interest on the bonds sold; provided further, that if for any reason any portion
of such proceeds shall not be needed for the purpose for which the bonds were issued, then
such unneeded portion of said proceeds shall be applied to the payment of the principal of
or the interest on said bonds. (b) The cost of acquiring any medical clinic, which shall be
paid from the proceeds derived from the sale of bonds, shall be deemed to include the following:
(1) The actual cost of the construction of any part of a building which may be constructed,
including architect's and engineer's fees; (2) The purchase price of any...
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