16-17A-11
Section 16-17A-11 Pledge of revenues; security documents. (a) Any pledge of any revenues
of an authority or university affiliate, including, without limitation, tax revenues made
available to an authority, shall be valid and binding from the time it is made, and the revenues
or taxes so pledged and thereafter received by the authority shall immediately become subject
to the lien of that pledge without any physical delivery thereof or further act. The lien
of that pledge shall be valid and binding against all parties having claims of any kind against
the authority, irrespective of whether the parties have actual notice thereof. The resolution
or security document establishing a pledge of revenues may provide that the lien established
extends, on a pari passu basis, to any additional indebtedness issued as a parity obligation
in accordance with the terms of the financing document. (b) Any security document relating
to any real property, personal property, fixtures, or other tangible...
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16-17-12
Section 16-17-12 Statutory mortgage lien. 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 ancillary improvements or any part 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 ancillary improvements
may be located of a notice containing a brief description of such ancillary improvements and
of the land relating thereto, a brief description of such bonds and a declaration that the
said statutory mortgage lien has been created upon such ancillary improvements (and upon such
land as shall be made subject to the lien) for the benefit of...
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16-18-13
Section 16-18-13 Statutory mortgage lien. 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 ancillary improvements or any part 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 ancillary improvements
may be located of a notice containing a brief description of such ancillary improvements and
of the land relating thereto, a brief description of such bonds, and a declaration that the
said statutory mortgage lien has been created upon such ancillary improvements (and upon such
land as shall be made subject to the lien) for the benefit of...
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11-32-11
Section 11-32-11 Statutory mortgage lien. A resolution of the board or trust indenture
under which bonds may be issued pursuant to this chapter may contain provisions creating a
statutory mortgage lien, in favor of the holders of the bonds, on the transit systems, or
including any after-acquired property out of the revenues from which the bonds are made payable.
The resolution of the board or the trust indenture may provide for the filing for record in
the office of the judge of probate of each county in which a part of the transit system may
be located of a notice containing a brief description of the systems, a brief description
of the bonds, and a declaration that the statutory mortgage lien has been created for the
benefit of the holders of the bonds, upon the systems, including any additions to a system
and extensions of a system. Each judge of probate shall receive, record, and index any notice
filed for record in his or her office. The recording of the notice shall operate as...
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16-18A-7
Section 16-18A-7 Revenue bonds - Creation of statutory mortgage lien; recording. Any
resolution of the authority 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 property
and facilities, or any part thereof (including any after-acquired property) out of the revenues
from which such bonds are made payable. The said resolution of the authority of the said trust
indenture may provide for the filing of record in the office of the judge of probate of each
county in which any property and facilities, or any part thereof, may be located of a notice
containing 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 upon such property and facilities, or any thereof,...
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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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11-49B-11
Section 11-49B-11 Statutory mortgage lien. The resolution of the board or trust indenture
that provides for the issuance of bonds may contain provisions creating a statutory mortgage
lien, in favor of the holders of the bonds and of the interest coupons on the transit systems,
including any after acquired property out of the revenues from which the bonds are made payable.
The resolution of the board or the 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 the transit system
may be located of a notice containing a brief description of the systems, a brief description
of the bonds, and a declaration that the statutory mortgage lien has been created for the
benefit of the holders of the bonds and the interest coupons applicable to the bonds upon
the systems, including any additions or extensions to the system. Each judge of probate shall
receive, record, and index the notice filed for record in his or her...
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4-3-14
Section 4-3-14 Issuance and sale of bonds by authority; form, denominations, terms,
etc., of bonds. 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 airports, heliports, facilities and other property. 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...
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41-10-144
Section 41-10-144 Bonds - Statutory mortgage lien to secure payment of principal and
interest; recording notice. 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 property and facilities, or any part 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 property and facilities, or any part thereof,
may be located of a notice containing a brief description of such bonds and a declaration
that the said statutory mortgage lien has been created for the benefit of the holders of such
bonds and the interest coupons applicable thereto upon such property and...
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11-50-408
Section 11-50-408 When mortgages or pledges of property or revenues and liens thereof
effective; properties, persons, etc., subject thereto. Any mortgage or conveyance of property
and any pledge of revenues to secure the bonds of a district incorporated under this article
shall be valid and binding from the time when such mortgage or conveyance is delivered or
such pledge made, and the system, properties, revenue, income and moneys so mortgaged, conveyed
or pledged and thereafter received by such district shall immediately be subject to the lien
of such mortgage, conveyance or pledge without any physical delivery thereof or further act,
and the lien of any such mortgage, conveyance or pledge shall be valid and binding as against
all parties having claims of any kind in tort, contract or otherwise against the district,
irrespective of whether such parties have notice thereof, from the time when a statement thereof
is filed in the office of the judge of probate of the county or counties...
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