11-94-15
Section 11-94-15 Liability of authorizing subdivisions upon bonds, obligations and agreements
of authority; other actions by authorizing subdivisions to attain objectives of chapter. (a)
Neither of the authorizing subdivisions of an authority shall in any event be liable for the
payment of the principal of, interest and premium, if any, on any bonds of an authority or
for the performance of any pledge, assignment, indenture, obligation or agreement of any kind
whatsoever which may be undertaken by an authority and none of the bonds of an authority or
any of its agreements or obligations shall be construed to constitute an indebtedness of any
authorizing subdivision within the meaning of any constitutional or statutory provision whatsoever.
(b) For the purpose of attaining the objectives of this chapter, either of the authorizing
subdivisions, any other county or municipality of the state, and any other political subdivision,
public corporation, agency or instrumentality of the state or...
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33-2-70
Section 33-2-70 Appropriation for payment of principal and interest on bonds. There is hereby
appropriated for the payment of the principal of and interest on any bonds issued hereunder,
under the 1957 Docks Act or under the 1959 Docks Act so much as may be necessary for that
purpose of any moneys in the general fund of the state not otherwise appropriated. (Acts 1961,
No. 716, p. 1014, §11.)...
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41-10-472
Section 41-10-472 Pledge and lien for benefit of bonds. In the proceedings authorizing the
issuance of any of its bonds, the authority is authorized and empowered to pledge for the
payment of the principal of and interest on such bonds at the respective maturities of said
principal and interest, and to agree to use solely for such purpose, all the revenues which
under the provisions of Section 41-10-471 are provided for the payment of the said principal
and interest, subject to prior pledges thereof as and to the extent the authority may provide.
In said proceedings the authority may further provide and create, as security for the payment
of said principal and interest, a statutory lien upon the buildings and properties, other
than the State Capitol, for the acquisition and construction or renovation of which the bonds
are issued. Such statutory lien shall not be subject to foreclosure and, in the event of default
in the payment of any such principal or interest, the remedies...
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41-10-630
Section 41-10-630 Pledge and appropriation of tobacco revenues to redeem bonds. There is hereby
irrevocably pledged and appropriated such amounts of tobacco revenues retained in the special
fund, and earnings thereon, as shall be necessary to pay and to redeem prior to their respective
maturities the principal, interest, and premium, if any, on the authority's bonds and to pay
the principal of and the interest on any refunding bonds issued to refund such bonds. (Act
99-353, p. 538, §11.)...
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11-81-166
Section 11-81-166 Revenue bonds - Authority for issuance; authorization proceedings generally;
form, terms, denominations, etc.; execution and delivery generally; maturity and sale; payment
generally; trust indentures. (a) Any borrower may issue its revenue bonds for the purpose
of: (1) Financing the acquisition, improvement, enlargement, extension and repair, or any
of them, of a system or systems; (2) Refunding the principal of and the interest on any bonds
of such borrower theretofore issued under this article and then outstanding, whether or not
such principal and interest shall have matured at the time of such refunding; or (3) Financing
any such acquisition, improvement, enlargement, extension and repair, or any of them, and
refunding any such principal and interest. (b) Any bonds issued under this article shall be
made payable solely out of the revenues from the operation of a system or systems of the borrower
and may be made payable from any such revenues without regard to...
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33-2-100
Section 33-2-100 Appropriation for payment of principal and interest on bonds. There is hereby
appropriated for the payment of the principal of and interest on any bonds issued hereunder,
under the 1957 Docks Act, or under the 1959 Docks Act or the 1961 Docks Act, so much as may
be necessary for that purpose of any moneys in the general fund of the state not otherwise
appropriated. (Acts 1963, No. 192, p. 573, §11.)...
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33-2-129
Section 33-2-129 Appropriation for payment of principal and interest on bonds. There is hereby
appropriated for the payment of the principal of and interest on any bonds issued hereunder,
or under the 1957 Docks Act, the 1959 Docks Act, the 1961 Docks Act, or the 1963 Docks Act,
so much as may be necessary for that purpose of any moneys in the general fund of the state
not otherwise appropriated. (Acts 1967, No. 268, p. 765, §10.)...
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33-2-159
Section 33-2-159 Appropriation for payment of principal and interest on bonds. There is hereby
appropriated for the payment of the principal of and interest on any bonds issued hereunder,
or under the 1957 Docks Act, the 1959 Docks Act, the 1961 Docks Act, the 1963 Docks Act, or
the 1967 Docks Act, so much as may be necessary for that purpose of any moneys in the general
fund of the state not otherwise appropriated. (Acts 1969, No. 472, p. 917, §10.)...
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11-81-181
Section 11-81-181 Pledge of revenues from systems for payment of principal and interest on
bonds; disposition of gross revenues from operation of system generally. (a) In the authorizing
proceedings the borrower shall pledge for payment of the principal and interest on bonds issued
under this article the revenues derived from operation of a system or systems of the borrower
out of which such bonds are made payable; provided, that the borrower may reserve the privilege
of using for any lawful purpose surplus revenues from such system or systems remaining after
compliance with the provisions of this section and any additional requirements contained,
as provided for in this article, in the authorizing proceedings or in a trust indenture. (b)
In the authorizing proceedings or in a trust indenture provided for therein, the borrower
shall agree to deposit the gross revenues from such system or systems daily, as received by
the borrower, into a "gross revenue account" and to apply the gross...
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2-6-117
Section 2-6-117 Disposition of refunding bond proceeds. (a) The proceeds of refunding bonds
shall be applied, together with any other moneys legally available, to the payment of the
expenses authorized by this article and to the payment of the principal of, premium, if any,
and interest due and to become due on any outstanding bonds to be refunded. The expenses authorized
by this article shall include, in addition to other expenses authorized by this article, all
expenses that the board of directors may deem necessary or advantageous in connection with
the sale and issuance of refunding bonds, including, without limitation, the expenses of selling
and issuing such refunding bonds, including any discount reflected in the purchase price paid
to the corporation, fees and disbursements of attorneys, accountants, fiscal agents, financial
advisors, and other consultants, fees and disbursements of trustees, escrow agents, registrars,
paying agents, transfer agents, depositories for...
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