7-9A-102
Section 7-9A-102 Definitions and index of definitions. (a) Article 9A definitions. In this
article: (1) "Accession" means goods that are physically united with other goods
in such a manner that the identity of the original goods is not lost. (2) "Account,"
except as used in "account for," means a right to payment of a monetary obligation,
whether or not earned by performance, (i) for property that has been or is to be sold, leased,
licensed, assigned, or otherwise disposed of, (ii) for services rendered or to be rendered,
(iii) for a policy of insurance issued or to be issued, (iv) for a secondary obligation incurred
or to be incurred, (v) for energy provided or to be provided, (vi) for the use or hire of
a vessel under a charter or other contract, (vii) arising out of the use of a credit or charge
card or information contained on or for use with the card, or (viii) as winnings in a lottery
or other game of chance operated or sponsored by a State, governmental unit of a State, or...

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4-3-47
Section 4-3-47 Powers of authority generally. The authority shall have the following powers,
together with all powers incidental thereto or necessary to the discharge thereof in corporate
form: (1) To have succession by its corporate name for the duration of time (which may be
in perpetuity) specified in its certificate of incorporation; (2) To sue and be sued in its
own name in civil actions, excepting actions in tort against the authority; (3) To adopt and
make use of a corporate seal and to alter the same at pleasure; (4) To adopt and alter bylaws
for the regulation and conduct of its affairs and business; (5) To acquire, receive, take
and hold, whether by purchase, option to purchase, gift, lease, devise or otherwise, property
of every description, whether real, personal or mixed, whether in one or more counties and
whether within or without the corporate limits of any authorizing subdivision, and to manage
said property and to develop any property and to sell, exchange, lease or...
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11-54-147
Section 11-54-147 Use of proceeds from sale of bonds; cost of acquiring project. The proceeds
from the sale of any bonds issued under authority of this article shall be applied only for
the purpose for which the bonds were issued; provided, however, that any accrued interest
and premium received in any such sale shall be applied to the payment of the principal of
or the interest on the bonds sold; and provided, further, that if for any reason any portion
of such proceeds shall not be needed for the purpose for which the bonds were issued, then
such unneeded portion of said proceeds shall be applied to the payment of the principal of
or the interest on said bonds. The cost of acquiring any project shall be deemed to include
the following: The actual cost of the construction of any part of a project which may be constructed,
including architect's and engineer's fees; the purchase price of any part of a project that
may be acquired by purchase; all expenses in connection with the...
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23-1-313
Section 23-1-313 Bonds and notes - Disposition of proceeds from sale. The authority shall pay
out of the proceeds from the sale of the obligations authorized by this article all expenses
that the board of directors may deem necessary and advantageous in connection with the sale
and issuance thereof. The proceeds from the issue of any obligations authorized by this article,
(i) except the proceeds of bonds which were issued to pay principal and interest of temporary
bonds or notes and in anticipation of which such temporary bonds or notes shall have been
issued, and (ii) except the proceeds of refunding bonds issued to refund any outstanding obligation,
remaining after paying the expenses of their sale and issuance, shall be deposited in the
State Treasury, shall be credited to the Road and Bridge Fund and shall be subject to be withdrawn
by the authority, upon the approval of the State Department of Transportation and the Governor,
but only for the purpose of paying the federal share...
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11-32-12
Section 11-32-12 Use of bond proceeds. All moneys derived from the sale of any bonds issued
by the authority shall be used solely for the purposes for which the moneys are authorized
and any costs and expenses incidental thereto. The costs and expenses may include, but shall
not be limited to, the following: (1) The fiscal, engineering, legal, and other expenses incurred
in connection with the issuance of the bonds. (2) In the case of bonds issued to pay costs
of acquiring or constructing all or any part of a transit system interest on the bonds or,
if a part only of any series of bonds is issued for acquisition or construction purposes,
interest on that portion of the bonds of that series that is issued to pay the acquisition
or construction costs prior to and during the acquisition or construction and not exceeding
one year after completion of the acquisition or construction. (3) In the case of refunding
bonds, any premium that it may be necessary to pay in order to redeem or retire...
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11-49A-13
Section 11-49A-13 Use of bond proceeds. All moneys derived from the sale of any bonds issued
by the authority shall be used solely for the purpose or purposes for which the same are authorized
and any costs and expenses incidental thereto. Such costs and expenses may include but shall
not be limited to: (1) The fiscal, engineering, legal, and other expenses incurred in connection
with the issuance of the bonds; (2) In the case of bonds issued to pay costs of acquiring
or constructing all or any part of a transit system interest on such bonds (or, if a part
only of any series of bonds is issued for acquisition or construction purposes, interest on
that portion of the bonds of that series that is issued to pay such acquisition or construction
costs) prior to and during such acquisition or construction and for not exceeding one year
after completion of such acquisition or construction; and (3) In the case of bonds issued
for the purpose of refunding principal and interest, or either, with...
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11-49B-12
Section 11-49B-12 Proceeds from sale of bonds. All moneys derived from the sale of bonds issued
by the authority shall be used solely for the purpose for which the bonds are authorized and
any costs and expenses incidental to the bonds. The costs and expenses may include, but shall
not be limited to: (1) The fiscal, engineering, legal, and other expenses incurred in connection
with the issuance of the bonds. (2) Bonds issued to pay costs of acquiring or constructing
all or any part of a transit system, interest on such bonds or, if a part only of any series
of bonds is issued for acquisition or construction purposes, interest on that portion of the
bonds of that series that is issued to pay the acquisition or construction costs prior to
and during the acquisition or construction and not exceeding one year after completion of
the acquisition or construction. (3) Bonds issued for refunding principal and interest, or
either, with respect to bonds issued or obligations assumed by the...
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16-18A-8
Section 16-18A-8 Use of proceeds from sale. All moneys derived from the sale of any bonds issued
by the authority shall be used solely for the purpose or purposes for which the same are authorized
and any costs and expenses incidental thereto. Such costs and expenses may include, but shall
not be limited to: (1) The fiscal, engineering, legal and other expenses incurred in connection
with the issuance and sale of the bonds; (2) In the case of bonds issued to pay costs of the
authority, interest on such bonds (or, if a part only of bonds of any series is issued for
construction purposes, interest on that portion of the bonds of that series that is issued
to pay construction costs) prior to and during such construction; and (3) In the case of bonds
issued for the purpose of refunding principal and interest or either with respect to bonds
issued or obligations assumed by the authority, any premium that it may be necessary to pay
in order to redeem or retire the bonds or other obligations...
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41-10-145
Section 41-10-145 Bonds - Use of proceeds from sale. All moneys derived from the sale of any
bonds issued by an authority shall be used solely for the purpose or purposes for which the
same are authorized and any costs and expenses incidental thereto. Such costs and expenses
may include, but shall not be limited to: (1) The fiscal, engineering, architectural, legal
and other expenses incurred in connection with the issuance and sale of the bonds; (2) In
the case of bonds issued to pay costs of construction, building, acquisition, restoration,
renovation or improvement of property of the authority, interest on such bonds (or, if a part
only of bonds of any series is issued for such purposes, interest on that portion of the bonds
of that series that is issued to pay such costs) prior to and during such construction, building,
acquisition, restoration, renovation or improvement of property of the authority; and (3)
In the case of bonds issued for the purpose of refunding principal and...
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9-6-12
Section 9-6-12 Bonds - Use of proceeds from sale. All moneys derived from the sale of any bonds
issued by the authority shall be used solely for the purpose or purposes for which the same
are authorized and any costs and expenses incidental thereto. Such costs and expenses may
include, but shall not be limited to: (1) The fiscal, engineering, legal and other expenses
incurred in connection with the issuance and sale of the bonds; (2) In the case of bonds issued
to pay costs of construction, interest on such bonds (or, if a part only of bonds of any series
is issued for construction purposes, interest on that portion of the bonds of that series
that is issued to pay construction costs) prior to and during such construction; and (3) In
the case of bonds issued for the purpose of refunding principal and interest or either with
respect to bonds issued or obligations assumed by the authority, any premium that it may be
necessary to pay in order to redeem or retire the bonds or other...
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