11-54-147
Section 11-54-147 Use of proceeds from sale of bonds; cost of acquiring project. The proceeds
from the sale of any bonds issued under authority of this article 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; and 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. The cost of acquiring any project shall be deemed to include
the following: The actual cost of the construction of any part of a project which may be constructed,
including architect's and engineer's fees; the purchase price of any part of a project that
may be acquired by purchase; all expenses in connection with the...
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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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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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11-54-180
Section 11-54-180 Proceeds from sale of bonds. All moneys derived from the sale of any bonds
issued by an authority shall be used solely for the purpose or purposes for which the same
are authorized, including, but without limitation to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal of (and premium, if any) and interest
on the bonds, and any costs and expenses incidental thereto. Such costs and expenses may include
but shall not be limited to the fiscal, engineering, legal and other expenses incurred in
connection with the issuance of the bonds, and except in the case of refunding bonds, interest
to accrue on such bonds for a period ending not later than two years from their date. (Acts
1980, No. 80-648, p. 1235, §11.)...
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11-54A-11
Section 11-54A-11 Proceeds from sale of bonds. All moneys derived from the sale of any bonds
issued by the authority shall be used solely for the purpose or purposes for which the same
are authorized, including, but without limitation to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal of (and premium, if any) and interest
on the bonds, and any costs and expenses incidental thereto. Such costs and expenses may include
but shall not be limited to (1) the fiscal, engineering, legal and other expenses incurred
in connection with the issuance of the bonds, and (2) except in the case of refunding bonds,
interest to accrue on such bonds for a period ending not later than two years from their date.
(Acts 1985, No. 85-683, p. 1080, §11.)...
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11-92C-10
Section 11-92C-10 Proceeds from the sale of bonds. All moneys derived from the sale of any
bonds issued by an authority shall be used solely for the purpose or purposes for which the
same are authorized, including, but not limited to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal, premium, as applicable, and interest
on the bonds, and any costs and expenses incidental thereto. The costs and expenses may include,
but shall not be limited to the following: (1) The underwriting, fiscal, engineering, legal,
and other expenses incurred in connection with the issuance of the bonds. (2) Except in the
case of refunding bonds, interest to accrue on the bonds for a period ending not later than
two years from their date. (Act 2020-72, §10.)...
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11-95-9
Section 11-95-9 Bonds of corporation - Proceeds from sale. All moneys derived from the sale
of any bonds issued by a corporation shall be used solely for the purpose or purposes for
which the same are authorized, including, but without limitation to, the establishment of
reserve funds as security for the payment of the principal of (and premium, if any) and interest
on such bonds and funds for the maintenance, repair, replacement, improvement and enlargement
of any of its hospital facilities or other properties, and any costs and expenses incidental
thereto. Such costs and expenses may include but shall not be limited to the fiscal, consulting,
legal and other expenses incurred in connection with the issuance of the bonds, and interest
to accrue on such bonds for a period ending not later than three years from their date. (Acts
1981, No. 81-338, p. 480, §9.)...
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2-3A-9
Section 2-3A-9 Proceeds from sale of bonds. All moneys derived from the sale of any bonds issued
by the authority shall be used solely for the purpose or purposes for which the same are authorized,
including, but without limitation to, the establishment of reserve funds as security for the
payment of the principal of (and premium, if any) and interest on the bonds, and any costs
and expenses incidental thereto. Such costs and expenses may include but shall not be limited
to (i) the fiscal, consulting, legal and other expenses incurred in connection with the issuance
of the bonds, and (ii) except in the case of refunding bonds, interest to accrue on such bonds
for a period ending not later than two years from their date. (Acts 1980, No. 80-586, p. 913,
§9.)...
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45-41A-10.10
Section 45-41A-10.10 Proceeds from sale of bonds. All moneys derived from the sale of any bonds
issued by the authority shall be used solely for the purpose or purposes for which the same
are authorized, including, but without limitation to, the use of bond proceeds to establish
reserve funds as security for the payment of the principal of (and premium, if any) and interest
on the bonds, and any costs and expenses incidental thereto. Such costs and expense may include,
but shall not be limited to, the fiscal, engineering, legal, and other expenses incurred in
connection with the issuance of the bonds, and except in the case of refunding bonds, interest
to accrue on such bonds for a period ending not later than two years from their date. (Act
85-185, p. 40, §11.)...
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11-88-11
Section 11-88-11 Bonds of authority - Disposition of proceeds from sale of bonds. All moneys
derived from the sale of any bonds issued by the authority shall be used solely for the purpose
or purposes for which the same are authorized, including the funding of all or part of any
reserve funds which may be required for debt service, replacement and extension or capital
improvements, and any costs and expenses incidental thereto. Such costs and expenses may include
but shall not be limited to: (1) The fiscal, engineering, legal and other expenses incurred
in connection with the issuance of and security for the bonds, including, without limitation,
the charges, premiums or fees in connection with any debt service insurance or letter of credit
or other additional security given with respect to its bonds, whether such amounts are to
be paid in a lump sum or over a period of time; (2) Interest on bonds in the case of bonds
issued to pay costs of construction or, if a part only of any series...
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