22-21-141
Section 22-21-141 Bonds - Revenue. The authority is empowered, at any time and from time to
time, to sell and issue its revenue bonds for the purpose of providing funds to acquire, construct,
improve, enlarge, complete and equip one or more projects and for payment of obligations incurred
for any such purpose. The principal of, and interest on, any such bonds shall be payable solely
out of the revenues derived by the authority from any one or more of its projects, all as
shall be provided by the resolution of the board or the indenture whereunder such bonds are
authorized to be issued. Any bonds of the authority may be 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 (without regard to any usury or other laws regulating
or limiting interest rates, including without limitation, the provisions of Section 8-8-1,
as amended, all of which shall be inapplicable to any bonds...
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11-47-222
Section 11-47-222 Bonds of an authority - Sale and issuance of refunding bonds; maturity; limitation
on principal amount; use of proceeds; effectuation of refunding by sale or exchange of bonds.
(a) An authority may at any time and from time to time sell and issue its refunding bonds
for the purpose of refunding the principal of and interest on any then outstanding bonds of
the authority, whether or not the bonds shall have matured or be redeemable at the option
of the authority at the time of the refunding, and for the payment of any expenses incurred
in connection with the refunding and any premium or other sum necessary to be paid to redeem
or retire the bonds to be refunded. No refunding bonds shall be issued unless the present
value of all debt service on the refunding bonds (computed with a discount rate equal to the
true interest rate of the refunding bonds and taking into account all underwriting discount
and other issuance expenses) shall not be greater than 95 percent of the...
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14-2-14
Section 14-2-14 Bonds - Specifications; redemption; precedence. Any bonds of the authority
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 with this section, 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 authority shall have a specified maturity date later than 20
years after its date. In the event that the authority shall make more than one pledge of the
same revenues, such pledges shall, unless otherwise provided in the resolution or resolutions
authorizing the earlier issued bonds, take precedence in the order of the adoption of the
resolutions in which the pledges are made; provided, that each pledge for...
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22-3A-8
Section 22-3A-8 Issuance of bonds. For the purposes of acquiring, constructing, installing
and equipping public health facilities, the authority is hereby authorized to issue and sell
from time to time its bonds, which bonds may be in the form of interest-bearing bonds or noninterest-bearing
bonds. Other than refunding bonds, the aggregate principal amount of bonds issued under this
chapter shall not exceed $45,000,000.00; provided, however, that, if the authority determines
that the total net amount of bond proceeds available to provide funds for paying the costs
of acquiring, constructing, improving, and equipping public health facilities (excluding underwriting
discount, other issuance expenses and 10 percent of the principal amount of such bonds to
be used to capitalize or fund a debt service reserve fund as authorized by Section 22-3A-16(b)),
plus the interest income, not exceeding $2,000,000.00, earned on such net amount of bond proceeds
pending expenditure thereof, will be less...
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41-10-358
Section 41-10-358 Form, terms, denominations, etc., of bonds; limitation on maturity date,
redemption. The bonds, which may be issued in one or more series, shall be in such forms and
denominations and of such tenor and maturities, shall, if issued as interest-bearing bonds,
bear such rate or rates of interest payable and evidenced in such manner, shall be payable
in such installments, at such time or times and at such place or places, and may contain other
provisions not inconsistent with this article, all as may be provided in the resolution or
resolutions of the directors wherein the bonds are authorized to be issued; provided, that
none of the bonds shall have a specified maturity date later than 30 years after its date.
The authority may at its election retain in the resolution or resolutions under which any
of the bonds are issued an option to redeem all or any thereof and at such redemption price
or prices and after such notice or notices and on such dates and on such terms and...
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41-10-502
Section 41-10-502 Specifications and priority of bonds. Any bonds of the authority 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, fixed or floating,
payable and evidenced in such manner, may contain provisions for redemption prior to maturity
and may contain other provisions not inconsistent with this section, 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 authority shall have a specified maturity date later than 20
years after its date. At its election, the authority may retain in the resolution(s) under
which any of the bonds are issued an option to redeem all or any thereof and at such redemption
price(s) and after such notice(s) and on such dates and on such terms and conditions as may
be set forth in said resolution(s) and as may be briefly...
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22-3A-9
Section 22-3A-9 Form of bonds; redemption option. The bonds, which may be issued in one or
more series, shall be in such forms and denominations and of such tenor and maturities, shall,
if issued as interest-bearing bonds, bear such rate(s) of interest and be payable and evidenced
in such manner, shall be payable in such installments at such time(s) and at such place(s),
and may contain such other provisions not inconsistent with this chapter, all as may be provided
in the resolution(s) of the directors under which the bonds are authorized to be issued; provided
that none of the bonds shall have a specified maturity date later than 20 years after its
date. At its election, the authority may retain in the resolution(s) under which any of the
bonds are issued an option to redeem all or any thereof and at such redemption price(s) and
after such notice(s) and on such dates and subject to such terms and conditions as may be
set forth in said resolution(s) and as may be briefly recited in...
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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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41-10-142
Section 41-10-142 Bonds - Issuance; form, terms, denominations, etc.; sale; refunding bonds;
negotiable; security for payment. All bonds issued by an authority may be executed by such
officers of the authority and in such manner as shall be provided in the proceedings of the
board whereunder the bonds shall be authorized to be issued. Any such bonds may be executed
and delivered by an authority at any time and from time to time, shall be in such form and
denominations and of such tenor and maturities, shall contain such provisions not inconsistent
with the provisions of this article and shall bear such rate or rates of interest, payable
and evidenced in such manner as may be provided by resolution of its board. Bonds of an authority
may be sold at either public or private sale in such manner and at such price or prices and
at such time or times as may be determined by the board to be most advantageous. The principal
of or interest on any bonds issued or obligations assumed by an...
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41-10-312
Section 41-10-312 Specifications and priority of bonds. Any bonds of the authority 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, fixed or floating,
payable and evidenced in such manner, may contain provisions for redemption prior to maturity
and may contain other provisions not inconsistent with this section, 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 authority shall have a specified maturity date later than 30
years after its date. In the event that the authority shall make more than one pledge of the
same revenues, such pledges shall, unless otherwise provided in the resolution or resolutions
authorizing the earlier issued bonds, take precedence in the order of the adoption of the
resolutions in which the pledges are made; provided, that each...
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