41-10-44.6
Section 41-10-44.6 Project obligations generally. (a) Issuance of project obligations. The
authority is authorized and empowered to issue its project obligations from time to time for
the purpose of financing one or more projects in such aggregate principal amount as the board
of directors shall determine to be necessary to provide for all or a portion of the project
costs of the project or projects being financed and to pay the expenses of issuing the project
obligations. (b) Source of payment. All project obligations issued by the authority shall
be limited obligations of the authority payable solely from any combination of the following:
(1) The revenues and receipts of the authority derived from the financing agreement or agreements
entered into by the authority with respect to the project or projects financed by such project
obligations; (2) the income or proceeds realized by the authority under any mortgage or other
security granted to the authority; (3) amounts derived from any...
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14-2-11
Section 14-2-11 Execution of bonds and notes. The bonds and notes of the authority shall be
executed by the manual or facsimile signature of either its president or its treasurer, as
shall be provided in the resolution under which such securities shall be issued, and the seal
of the authority or a facsimile thereof shall be affixed to any bonds so issued and attested
by its secretary; provided, that if bonds are executed entirely by facsimile, such bonds shall
be authenticated by the manual signature of the bond trustee, registrar or paying agent. If,
after any of the bonds shall be so signed, whether manually or by facsimile, any such officer
shall for any reason vacate his said office, the bonds so signed may nevertheless be delivered
at any time thereafter as the act and deed of the authority. (Acts 1965, No. 678, p. 1226,
§12; Acts 1967, Ex. Sess., No. 103, p. 131; Acts 1985, 1st Ex. Sess., No. 85-125, p. 187,
§5.)...
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23-1-311
Section 23-1-311 Bonds and notes - Source of funds; pledge of funds for payment of principal
and interest thereon; negotiability. (a) The obligations authorized by this article shall
not be general obligations of the authority, but shall be payable solely out of the funds
appropriated and pledged in or permitted to be pledged pursuant to Sections 23-1-314 and 23-1-315.
(b) As security for the payment of the principal of and interest on the obligations issued
by it under this article, the authority is hereby authorized and empowered to pledge for payment
of the principal and interest the funds that are appropriated and pledged in or permitted
to be pledged pursuant to Sections 23-1-314 and 23-1-315 for payment of principal and interest,
and to pledge all of such funds or only certain of such funds for payment of principal and
interest, all within the discretion of the authority. (c) Any notes or temporary bonds issued
under this article shall also be payable from the proceeds of any...
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33-2-193
Section 33-2-193 Docks facilities revenue bonds and refunding bonds - Preservation of outstanding
appropriations, pledges and covenants by state and department. It is the intention of the
Legislature in enacting this article to preserve inviolate all appropriations and pledges
heretofore made of any portion of any revenues of the department for the benefit of any of
the outstanding bonds. The state does hereby covenant and agree with the holder of each docks
facilities revenue bond or refunding bond issued pursuant to the authority of this article
that while any such bonds are outstanding and unpaid (a) neither the state nor the department
will appropriate or pledge any portion of the docks facilities revenues for the benefit of
any obligations that may at any time be issued pursuant to any statute, ranking on a parity
with or superior to the pledge made for the benefit of docks facilities revenue bonds and
refunding bonds herein authorized, provided that such covenant and agreement...
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41-10-309
Section 41-10-309 Execution of bonds and notes. The bonds and notes of the authority shall
be executed by the manual or facsimile signature of either its president or its treasurer,
as shall be provided in the resolution under which such securities shall be issued, and the
seal of the authority or a facsimile thereof shall be affixed to any bonds so issued and attested
by the manual or facsimile signature of its secretary; provided, that if bonds are executed
entirely by facsimile, such bonds shall be authenticated by the manual signature of the bond
trustee, registrar or paying agent. If, after any of the bonds shall be so signed, whether
manually or by facsimile, any such officer shall for any reason vacate his said office, the
bonds so signed may nevertheless be delivered at any time thereafter as the act and deed of
the authority. (Acts 1986, No. 86-546, p. 1093, §10.)...
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41-10-499
Section 41-10-499 Execution of bonds and notes. The bonds and notes of the authority shall
be executed by the manual or facsimile signature of either its president or its secretary,
as shall be provided in the resolution under which such securities shall be issued, and the
seal of the authority or a facsimile thereof shall be affixed to any bonds so issued and attested
by the manuals or facsimile signature of its secretary; provided, that if bonds are executed
entirely by facsimile, such bonds shall be authenticated by the manual signature of the bond
trustee, registrar or paying agent or by named individuals who are employees of the state
and who are assigned to the Department of Finance or office of the State Treasurer. The seal
of the authority shall be impressed on the bonds, and a facsimile of said seal may be printed
or otherwise reproduced on any of the bonds in lieu of being manually impressed thereon. If,
after any of the bonds shall be so signed, whether manually or by...
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11-50A-9
Section 11-50A-9 Issuance of bonds; prerequisites; procedure; provisions; execution; bond resolution
covenants. (a) The authority shall, prior to the adoption by the board of a resolution authorizing
the issuance of any bonds, enter into one or more contracts with two or more municipalities
which are authorized to contract with the authority pursuant to Section 11-50A-17. Any resolution
of the board authorizing the issuance of bonds may authorize those bonds to be issued in more
than one series, and the issuance of each series of bonds so authorized by that resolution
need not be preceded by the entering into by the authority of additional contracts pursuant
to Section 11-50A-17. (b) The board may by resolution or resolutions authorize the issuance
of bonds. Unless otherwise provided therein, the resolution or resolutions shall take effect
immediately and need not be published or posted. The board may authorize such types of bonds
as it may determine, subject only to any agreement with...
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16-16-9
Section 16-16-9 Execution, form, terms and conditions of bonds; sale; refunding bonds; bonds
to be limited obligations; security for payment; bonds as negotiable instruments; exemption
from taxation; bonds as security for deposits and for investment of fiduciary funds. (a) The
bonds of the authority shall be signed by its president and attested by its secretary, and
the seal of the authority shall be affixed thereto, and any interest coupons applicable to
such bonds shall be signed by the president; provided, that a facsimile of the signature of
one, but not both, of the said officers may be printed or otherwise reproduced on any such
bonds in lieu of his manually signing the same, a facsimile of the seal of the authority may
be printed or otherwise reproduced on any such bonds in lieu of being manually affixed thereto
and a facsimile of the president's signature may be printed or otherwise reproduced on any
such interest coupons in lieu of his manually signing the same. (b) Any bonds...
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22-21-141
Section 22-21-141 Bonds - Revenue. The authority is empowered, at any time and from time to
time, to sell and issue its revenue bonds for the purpose of providing funds to acquire, construct,
improve, enlarge, complete and equip one or more projects and for payment of obligations incurred
for any such purpose. The principal of, and interest on, any such bonds shall be payable solely
out of the revenues derived by the authority from any one or more of its projects, all as
shall be provided by the resolution of the board or the indenture whereunder such bonds are
authorized to be issued. Any bonds of the authority may be delivered by it at any time and
from time to time, shall be in such form and denominations and of such tenor and maturities,
shall bear such rate or rates of interest (without regard to any usury or other laws regulating
or limiting interest rates, including without limitation, the provisions of Section 8-8-1,
as amended, all of which shall be inapplicable to any bonds...
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11-57-11
Section 11-57-11 Bonds - Authority for issuance; security for payment of principal and interest
generally; form, terms, denominations, etc.; sale, redemption, etc. The authority is empowered
at any time and from time to time to sell and issue its revenue bonds for the purpose of providing
funds to acquire, construct, improve, enlarge, complete and equip one or more projects and
for payment of obligations incurred for any such purpose. The principal of and interest on
any such bonds shall be payable solely out of the revenues derived from the project with respect
to which such bonds were issued. Any bonds of the authority may be delivered by it at any
time and from time to time, shall be in such form and denominations and of such tenor and
maturities, shall bear such rate or rates of interest, payable and evidenced in such manner,
may contain provisions for redemption prior to maturity and may contain other provisions not
inconsistent with this chapter as may be provided by the...
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