11-89-10
Section 11-89-10 Bonds of district - 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 chapter 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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33-15-10
Section 33-15-10 Bonds and other obligations - Statutory mortgage lien. Any resolution of the
board of directors or trust indenture, under which bonds may be issued pursuant to the provisions
of this chapter 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 facilities and
other property (including any after-acquired property) out of the revenues from which such
bonds are made payable. The said resolution of the board of directors 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 facilities or other property may be located of a notice containing
a brief description of such facilities or other property, a brief description of such bonds
and a declaration that said statutory mortgage lien has been created for the benefit of the
holders of such bonds and the interest coupons applicable thereto...
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45-29-90.15
Section 45-29-90.15 Statutory mortgage lien. Any resolution of the board of directors, or trust
indenture, under which bonds may be issued pursuant to 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 facilities and other property, including any after-acquired
property, out of the revenues from which such bonds are made payable. The resolution of the
board of directors, or the trust indenture, may provide for the filing for record in the office
of the Judge of Probate of Fayette County of a notice containing a brief description of such
facilities or other property, a brief description of such bonds, and a declaration that the
statutory mortgage lien has been created for the benefit of the holders of such bonds and
the interest coupons applicable thereto, upon such facilities and other property, including
any additions thereto and extensions thereof. The judge of probate...
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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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11-92A-15
Section 11-92A-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 any trust company or bank having trust powers, whether such trust company or bank 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, including, but not limited to, revenues or other money or property pledged to it
by any public or private person, and may assign, as security for such payment, any of its
leases, loan agreements, franchises, permits, and contracts. 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...
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24-1-33
Section 24-1-33 Powers of authority to secure payment of bonds, etc. In connection with the
issuance of bonds or the incurring of any obligation under a lease and in order to secure
the payment of such bonds or obligations, the authority shall have power: (1) To pledge by
resolution, trust indenture, mortgage, subject to the limitations hereinafter imposed, or
other contract all or any part of its rents, fees or revenues. (2) To covenant against mortgaging
all or any part of its property, real or personal, then owned or thereafter acquired, or against
permitting or suffering any lien thereon. (3) To covenant with respect to limitations on its
right to sell, lease or otherwise dispose of any housing project, or any part thereof, or
with respect to limitations on its right to undertake additional housing projects. (4) To
covenant against pledging all or any part of its rents, fees and revenues to which its right
then exists, or the right to which may thereafter come into existence, or...
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24-1-72
Section 24-1-72 Powers of authority to secure payment of bonds, etc. In connection with the
issuance of bonds or the incurring of any obligation under a lease and in order to secure
the payment of such bonds or obligations, the authority shall have power: (1) To pledge by
resolution, trust indenture, mortgage, subject to the limitations hereinafter imposed, or
other contract all or any part of its rents, fees, or revenues. (2) To covenant against mortgaging
all or any part of its property, real or personal, then owned or thereafter acquired, or against
permitting or suffering any lien thereon. (3) To covenant with respect to limitations on its
right to sell, lease, or otherwise dispose of any housing project, or any part thereof, or
with respect to limitations on its right to undertake additional housing projects. (4) To
covenant against pledging all or any part of its rents, fees, and revenues to which its right
then exists, or the right to which may thereafter come into existence, or...
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41-9-435
Section 41-9-435 Liability upon revenue bonds issued by commission. All revenue bonds issued
by the commission shall be solely and exclusively the obligations of the commission and shall
not create an obligation or debt of the state or of any county or of any municipality within
the state. All revenue bonds issued by the commission for the purpose of providing lodging
facilities shall be payable solely out of the revenues and receipts derived from the operation,
leasing or sale by the commission of such lodging facilities as may be designated in the proceedings
of the commission under which the bonds shall be authorized to be issued. The principal of
and interest on any such revenue bonds shall be secured by a pledge of the revenues and receipts
out of which the same may be payable and may be secured by a mortgage and deed of trust or
trust indenture conveying as security for such revenue bonds all or any part of the property
of the commission from which the revenues or receipts so...
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11-58-8
Section 11-58-8 Bonds - Security for payment of principal and interest; remedies upon default.
The principal of and interest on any bonds issued by a corporation organized under the authority
of this chapter shall be secured by a pledge of the rentals and other receipts of all or any
part of the medical clinic and its facilities financed in whole or in part with the proceeds
of such bond issue or with the proceeds of bonds refunded or to be refunded by such issue,
may be secured by a mortgage covering all or any part of the clinic from which the revenues
so pledged may be derived and may be secured by a pledge of the lease of such clinic. 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 clinic or clinical facilities covered by...
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22-21-323
Section 22-21-323 Source of payment; security. (a) Securities issued by an authority shall
not be general obligations of the authority but shall be payable solely out of the revenues
from any health care facilities or other properties or assets (including, without limitation,
proceeds from such securities, investment income and insurance and condemnation proceeds)
owned or operated by it and the proceeds of any hospital tax appropriated, apportioned or
allocated to it or for its benefit, or any portion of either thereof, all as may be provided
or specified in the resolution of the board authorizing such securities or the indenture under
which issued. The principal of and interest (and premium, if any) on any securities issued
by the authority shall be secured by a pledge of the revenues or taxes (or both) out of which
the same are payable and may be secured by a trust indenture evidencing such pledge or by
a foreclosable mortgage, mortgage indenture or mortgage and trust indenture...
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