37-13-11
Section 37-13-11 Bonds of authority - Generally. Each authority shall have the power and is
hereby authorized at any time and from time to time to issue and sell its revenue bonds for
any of its corporate purposes. The principal of and the interest on all such bonds shall be
payable solely from, and may be secured by a pledge of, the revenues derived by the authority
from the operation, leasing or sale of any or all of its railroad properties and facilities,
and other property. No bonds issued or contracts entered into by the authority shall ever
constitute or create an obligation or debt of the state, or of any county, city or town within
the state, or a charge against the credit or taxing powers of the state, or of any county,
city or town within the state. Bonds of the authority may be issued by any time and from time
to time, may be in such form, either in bearer form with appurtenant coupons (and subject
to registration as to principal or interest, or both, all as the board may...
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11-57-13
Section 11-57-13 Bonds - Execution and delivery. The bonds of the authority shall be signed
by either its president or its vice-president as shall be provided in the resolution under
which the bonds shall be issued, and the seal of the authority shall be affixed to the bonds
and attested by its secretary; provided, that a facsimile of the signature of one, but not
both, of the officers whose signatures will appear on the bonds may be imprinted or otherwise
reproduced on any of the bonds in lieu of his manually signing the same; provided further,
that a facsimile of the seal of the authority may be imprinted or otherwise reproduced on
any of the bonds in lieu of being manually affixed thereto. Any interest coupons applicable
to the bonds shall be signed either manually by or with a facsimile of the signature of either
the president or the vice-president of the authority as shall be provided in the resolution
under which the bonds shall be issued. If, after any of the bonds or interest...
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11-97-9
Section 11-97-9 Bonds of corporation generally. (a) Any corporation shall have the power to
issue, sell and deliver at any time and from time to time its bonds in such principal amount
or amounts as its board shall determine to be necessary to provide sufficient funds for achieving
any of its corporate purposes, including the payment of interest on any of its bonds, the
establishment of reserves to secure any such bonds and all other expenditures of such corporation
incident to and necessary or convenient to carry out its corporate purposes and powers. Any
corporation shall also have the power to issue from time to time bonds to renew bonds and
bonds to pay bonds, including interest thereon and, whenever it deems refunding expedient,
to refund any bonds by the issuance of new bonds, whether the bonds to be refunded have or
have not matured, and to issue bonds partly to refund bonds then outstanding and partly for
any other of its corporate purposes. (b) The bonds issued by any...
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22-21-143
Section 22-21-143 Bonds - Execution. The bonds of the authority shall be signed by either its
president or its vice-president, as shall be provided in the resolution under which the bonds
shall be issued, and the seal of the authority shall be affixed to the bonds and attested
by its secretary; provided, that a facsimile of the signature of one, but not both, of the
officers whose signatures will appear on the bonds may be imprinted or otherwise reproduced
on any of the bonds in lieu of his manually signing the same and provided further, that a
facsimile of the seal of the authority may be imprinted, or otherwise reproduced, on any of
the bonds in lieu of being manually affixed thereto. Any interest coupons applicable to the
bonds shall be signed either manually by, or with a facsimile of, the signature of either
the president or the vice-president of the authority, as shall be provided in the resolution
under which the bonds shall be issued. If after any of the bonds or interest...
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1-3-3
Section 1-3-3 Execution of bonds, warrants, notes, etc., with facsimile signatures and seals.
(a) In any instance where any bond, warrant, note or certificate is issued by any county,
municipality, board of education or public corporation in this state and is required or permitted
to be executed or attested by more than one person, a facsimile of the signature of any one
or more of the persons or officers executing or attesting the same may be imprinted or otherwise
reproduced on such instrument; provided, that at least one signature so required shall be
manually subscribed thereon. In any instance where any interest coupons are attached to any
such bond, warrant, note or certificate in evidence of installments of interest payable thereon,
a facsimile of any or all of the signatures required or permitted thereon may be imprinted
or otherwise reproduced thereon, and it shall not be necessary that any signature be manually
inscribed on any such interest coupon. Any signature required or...
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11-81-64
Section 11-81-64 Bonds for refunding or funding of bonds outstanding - Authority for issuance;
sale or exchange; rights, etc., of holders thereof. The governing body of any municipality
may, without any election, issue bonds of the municipality for the purpose of refunding a
like or greater face amount of the principal of any matured or unmatured bonds of such municipality
then outstanding whether the bonds to be refunded belong to one class or to two or more classes
or to one issue or to two or more issues. The proceedings authorizing any refunding bonds
shall clearly identify the bonds to be refunded thereby. Without limiting the generality of
any of the foregoing, it is specifically declared that serial bonds shall be included in the
classes and issues of bonds which may be refunded hereunder. Bonds which any municipality
is legally obligated to pay, although not issued in the name of such municipality, shall be
considered bonds of such municipality for the purposes of this section....
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11-94-12
Section 11-94-12 Bonds of authority - Indenture; lien; remedies of bondholders. In the discretion
of its board, any bonds issued by an authority may be secured by an indenture between an authority
and a trustee, which may be any trust company or bank having trust powers, whether such bank
or trust company is located within or without the state. In any such indenture or resolution
providing for the issuance of bonds an authority may pledge, for payment of the principal
of and the interest on such bonds, any of its revenues to which its right then exists or may
thereafter come into existence and may assign, as security for such payment, any of its leases,
franchises, permits and contracts; and in any such indenture, an authority may mortgage any
of its properties, including any that may be thereafter acquired by it, and may provide that
in the event of a default in payment of the bonds secured thereby or in the event of default
with respect to any agreement contained therein, such...
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22-29-13
Section 22-29-13 Execution of bonds, certificates and promissory notes. The bonds, certificates
and promissory notes of the authority shall be signed by either its president or its vice-president,
as shall be provided in the authorizing resolution, and the seal of the authority shall be
affixed to any bonds so issued and attested by its secretary; provided, that a facsimile of
the signature of one, but not both, of the officers whose signatures shall appear on the bonds
may be imprinted or otherwise reproduced on any of the bonds in lieu of his manually signing
the same and provided, further, that a facsimile of the seal of the authority may be imprinted
or otherwise reproduced on any of the bonds in lieu of being manually affixed thereto. Any
interest coupons applicable to the bonds shall be executed with a facsimile of the signature
of the president or the treasurer as shall be provided in the authorizing resolution. In the
event that, after any of the bonds or interest coupons...
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11-81-92
Section 11-81-92 Execution and delivery of bonds. Bonds of a county shall be signed by the
manually subscribed or facsimile signature of any two or more officers of the county holding
office at the time of such signing as shall be designated by the county commission of the
county by whose authority the bonds are issued; provided, that at least one signature required
or permitted to be inscribed on such bonds shall be manually subscribed thereon. The seal
of the county or of the county commission thereof or of the probate court thereof as shall
be designated by the county commission shall be affixed to the bonds; provided, that when
so authorized by the county commission the seal designated by it to be used may be imprinted
or otherwise reproduced on the bonds. Interest coupons attached to the bonds may be executed
with the facsimile signatures of the officers whose signatures appear on the bonds. The delivery
of bonds so executed shall be valid notwithstanding any change in officers or...
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11-86A-15
Section 11-86A-15 Security for bonds. (a) In the discretion of the board of directors of an
authority, any bonds may be secured by an indenture between an authority and a trustee, which
may be a trust company or bank having trust powers, whether the trust company or bank is located
within or outside of the state. In any indenture or resolution providing for the issuance
of bonds, an authority may pledge, for payment of the principal of and the interest on such
bonds, any of its revenues to which its rights exist or may thereafter come into existence,
and may assign, as security for payment, any of its leases, franchises, permits, and contracts.
In any indenture, an authority may mortgage any properties, including any that may be thereafter
acquired by it, and may provide that in the event of a default in payment of the bonds secured
thereby or in the event of default with respect to any agreement contained therein, the mortgage
may be foreclosed either by sale at public outcry or by...
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