45-37A-56.33
Section 45-37A-56.33 Bonds of the authority. The authority shall have the power and is hereby
authorized at any time and from time to time to issue and sell its interest bearing 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 of any or all of its parking facilities and other property, or
by mortgage of any property of the authority. None of the 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 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...
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11-20-6
Section 11-20-6 Bonds - Security for payment of principal and interest; remedies upon default.
The principal of and interest on any bonds issued under the authority of this article shall
be secured by a pledge of the revenues out of which such bonds shall be made payable, may
be secured by a mortgage covering all or any part of the project from which the revenues so
pledged may be derived and may be secured by a pledge of the lease of such project. The proceedings
under which such bonds are authorized to be issued or any such mortgage may contain any agreements
and provisions customarily contained in instruments securing bonds, including, without limiting
the generality of the foregoing, provisions respecting the fixing and collection of rents
for any project covered by such proceedings or mortgage, the terms to be incorporated in the
lease of such project, the maintenance and insurance of such project, the creation and maintenance
of special funds from the revenues from such project...
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11-54-25
Section 11-54-25 Bonds - Security for payment of principal and interest; remedies upon default.
The principal of and interest on any bonds issued under the authority of this article shall
be secured by a pledge of the revenues out of which such bonds shall be made payable, may
be secured by a mortgage covering all or any part of the project from which the revenues so
pledged may be derived and may be secured by a pledge of the lease of such project. The proceedings
under which such bonds are authorized to be issued or any such mortgage may contain any agreements
and provisions customarily contained in instruments securing bonds, including, without limiting
the generality of the foregoing, provisions respecting the fixing and collection of rents
for any project covered by such proceedings or mortgage, the terms to be incorporated in the
lease of such project, the maintenance and insurance of such project, the creation and maintenance
of special funds from the revenues from such project...
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11-88-10
Section 11-88-10 Bonds of authority - Statutory mortgage lien to secure payment of principal
and interest. Any resolution of the board or trust indenture under which bonds may be issued
pursuant to the provisions of this article may contain provisions creating a statutory mortgage
lien, in favor of the holders of such bonds and of the interest coupons applicable thereto,
on the water systems, sewer systems and fire protection facilities or any thereof (including
any after-acquired property) out of the revenues from which such bonds are made payable. The
said resolution of the board or the said trust indenture may provide for the filing for record
in the office of the judge of probate of each county in which any part of such water systems,
sewer systems and fire protection facilities or any thereof may be located of a notice containing
a brief description of such systems and facilities or either, a brief description of such
bonds and a declaration that said statutory mortgage lien has...
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33-2-126
Section 33-2-126 General provisions relative to inland facilities bonds. In order to provide
funds for the purposes of this article, there are hereby authorized to be sold and issued
bonds of the state not exceeding $2,000,000.00 in aggregate principal amount, under and subject
to the provisions hereinafter set forth. The bonds shall be designated as inland facilities
bonds of the state. The bonds shall be general obligations of the state for payment of the
principal of and interest on which the full faith and credit of the state are hereby irrevocably
pledged. The bonds may be issued from time to time in one or more series, shall bear an appropriate
series designation, shall be in such form and denominations and of such tenor and maturities,
shall bear such rate or rates of interest payable in such manner, may contain provisions for
redemption prior to maturity, and may contain other provisions not inconsistent herewith,
all as shall be set forth in an order or resolution of the...
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33-2-156
Section 33-2-156 General provisions relative to inland facilities bonds. In order to provide
funds for the purposes of this article, there are hereby authorized to be sold and issued
bonds of the state not exceeding $10,000,000.00 in aggregate principal amount, under and subject
to the provisions hereinafter set forth. The bonds shall be designated as inland facilities
bonds of the state, series 1970. The bonds shall be general obligations of the state for payment
of the principal of and interest on which the full faith and credit of the state are hereby
irrevocably pledged. The bonds may be issued from time to time in one or more series, shall
bear an appropriate series designation, shall be in such form and denominations and of such
tenor and maturities, shall bear such rate of interest payable in such manner, may contain
provisions for redemption prior to maturity, and may contain other provisions not inconsistent
herewith, all as shall be set forth in an order or resolution of the...
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11-89A-9
Section 11-89A-9 Bonds of authority, generally. (a) Any authority 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 funds: (1) To finance the
costs of a facility or facilities; (2) To refund bonds theretofore issued or assumed by the
authority; (3) To provide funds to enable it to achieve any of its other corporate purposes;
or (4) To accomplish any one or more of the objectives referred to in subdivisions (1) through
(4). (b) Any such bonds may be executed and delivered by the authority at any time and from
time to time, may be in such form and denominations and of such tenor and maturities, may
be in registered or bearer form either as to principal or interest or both, may be payable
in such installments and at such time or times, not exceeding 45 years from the date thereof,
may be payable at such place or places whether within or without the State...
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33-2-188
Section 33-2-188 Docks facilities revenue bonds and refunding bonds - Disposition of proceeds
of refunding bonds. The proceeds of refunding bonds shall be applied, together with any other
moneys legally available therefor 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 thereby and, if so required by order of the director,
shall be deposited by the department, with one or more trustees or escrow agents, which trustees
or escrow agents shall be trust companies or national or state banks, located either within
or without the state, having powers of a trust company, in an interest account to pay interest
on refunding bonds, and in a reserve account to further secure the payment of the principal
of, premium, if any, and interest on any refunding bonds. Proceeds of refunding bonds may
also be applied to repay the department's lease obligations with...
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4-3-54
Section 4-3-54 Bonds - Security for payment of principal and interest. In the discretion of
the authority, any bonds may be issued under and secured by an indenture between the authority
and a trustee. Said trustee may be a private person or corporation, including, but not limited
to, 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, the authority may pledge for payment of the principal of and the interest on such
bonds any of its revenues, rents, income or funds 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, the authority may mortgage any of its properties,
including any that may be thereafter acquired by it. Any such pledge of revenues shall be
valid and binding from the time it is made, and the...
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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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