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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23-1-62
Section 23-1-62 State Highway Fund - Purposes for which used. (a) All proceeds arising from
the sale of state highway bonds and the revenue appropriated to the State Department of Transportation,
when received by the State Treasurer, shall be set aside in a special fund known as the State
Highway Fund and be used for no other purpose than in the carrying out of the provisions of
this chapter. The revenue derived by the state from the sale of motor vehicle, trailer, and
tractor licenses and all other appropriations shall be used for the following purposes: (1)
To provide a sinking fund sufficient for the retirement of the said road bonds as they shall
mature; (2) For the expense of the State Department of Transportation and for the maintenance
of roads and bridges constructed under the provisions of this chapter; and (3) For the purchase
of supplies and material, livestock, and machinery, and any balance for the construction of
roads and bridges. (b) Annually, at such times as it may...
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2-6-76
Section 2-6-76 Powers of corporation - Issuance and sale of securities. (a) The corporation
is authorized to issue and sell its interest-bearing or noninterest-bearing securities, in
one or more series, not exceeding $6,000,000.00, in aggregate principal amount, to provide
funds to be used by the Board of Agriculture and Industries in the construction, acquisition
and installation of a market facility and to be used by the Agricultural Center Board in the
renovation of the coliseum. (b) The principal of, premium, if any, and interest on any securities
or series of securities of the corporation the proceeds of which are devoted to the construction,
acquisition and installation of the market facility shall be payable from and secured by a
pledge of all rents, leases, charges or other revenues derived or realized from leases to
the public of said market facility after deduction of costs of operation. The principal of,
premium, if any, and interest on any securities or series of securities...
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33-2-40
Section 33-2-40 Application of revenues from dock facilities. The proceeds derived from the
operation of each unit of development acquired or constructed pursuant to the provisions of
this article shall be applied for the following purposes in the following order: (1) Payment
of the expenses of operating dock facilities acquired, constructed or operated pursuant to
the provisions of this article; (2) payment at their respective maturities of the principal
of and interest on any bonds issued pursuant to the provisions of this article; (3) establishment
and maintenance of a sinking fund for retirement of any bonds issued pursuant to the provisions
of this article, into which there shall be paid monthly, beginning at the end of the first
12 months following the completion of each unit of development acquired or constructed hereunder,
one half of one per cent of the cost of each such unit of development, not exceeding, however,
one half of the gross income of such unit of development...
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33-2-41
Section 33-2-41 Separate records as to each unit of development. The department shall establish
and maintain a separate record with respect to each unit of development that may have been
or may be acquired, constructed or operated in whole or in part under the provisions of this
article or the 1957 Docks Act. Each such separate record shall show: (1) The total amount
of the capital investment in each such unit of development, including the amount of such capital
investment derived from the proceeds of the bonds issued hereunder or under the 1957 Docks
Act, and the amount, if any, of the said capital investment derived from any other source;
(2) the expenses of operating each such unit of development; and (3) the gross revenues derived
from the operation of each such unit of development. In the event any proceeds from bonds
issued either under this article or the 1957 Docks Act shall be used to pay any of the operating
expenses of any unit of development, the amount of bond proceeds so...
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33-2-73
Section 33-2-73 Separate records as to each unit of development. The department shall establish
and maintain a separate record with respect to each unit of development that may have been
or may be acquired, constructed or operated in whole or in part under the provisions of this
article, or the 1957 Docks Act, or the 1959 Docks Act. Each such separate record shall show:
(1) The total amount of the capital investment in each such unit of development, including
the amount of such capital investment derived from the proceeds of the bonds issued hereunder
or under the 1957 Docks Act or the 1959 Docks Act, and the amount, if any, of the said capital
investment derived from any other source; (2) the expenses of operating each such unit of
development; and (3) the gross revenues derived from the operation of each such unit of development.
In the event any proceeds from bonds issued either under this article or the 1957 Docks Act
or the 1959 Docks Act shall be used to pay any of the operating...
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11-92C-9
Section 11-92C-9 Bonds of authority. (a) Source of payment. All bonds issued by an authority
shall be payable solely out of the revenues and receipts derived from the leasing or sale
by the board of its projects, or from any other source as may be designated in the proceedings
of the board under which the bonds are authorized to be issued. (b) Pledge of revenues, receipts,
and other security. The principal and interest on any bonds issued by an authority shall be
secured by a pledge of the revenues and receipts out of which the principal and interest may
be payable and may be secured by a mortgage and deed of trust or trust indenture conveying
as security for the bonds all or any part of the property of the authority from which the
revenues or receipts so pledged may be derived. (c) Resolutions. The resolution under which
the bonds of an authority are authorized to be issued and any mortgage and deed of trust or
trust indenture may contain any agreements and provisions respecting the...
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33-13-10
Section 33-13-10 Bonds - State Docks Facilities Reserve Fund. There is hereby created a special
fund to be designated the State Docks Facilities Reserve Fund, which shall be held in and
constitute a part of the State Treasury and which shall be maintained until the principal
of and interest on the bonds (or any refunding bonds that may hereafter be issued to refund
any of the bonds) shall have been paid in full. As promptly as may be practicable following
each fiscal year of the state, commencing with the fiscal year ending September 30, 1976,
the state docks director shall determine the number of tons (each ton to be deemed to constitute
2,000 pounds) of general cargo that was handled by the State Docks Department during the said
fiscal year. Not later than 90 days after the end of each such fiscal year, the State Docks
Department shall pay into the said special fund whichever is the smaller of the following:
(1) An amount equal to $.03 for each ton (i.e., 2,000 pounds) of general...
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33-2-103
Section 33-2-103 Separate records as to each unit of development. The department shall establish
and maintain a separate record with respect to each unit of development that may have been
or may be acquired, constructed or operated in whole or in part under the provisions of this
article, or the 1957 Docks Act, the 1959 Docks Act, or the 1961 Docks Act. Each such separate
record shall show: (1) The total amount of the capital investment in each such unit of development,
including the amount of such capital investment derived from the proceeds of the bonds issued
hereunder or under the 1957 Docks Act, the 1959 Docks Act, or the 1961 Docks Act; and the
amount, if any, of the said capital investment derived from any other source; (2) the expenses
of operating each such unit of development; and (3) the gross revenues derived from the operation
of each such unit of development. In the event any proceeds from bonds issued either under
this article or under the 1957 Docks Act, the 1959 Docks...
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33-2-132
Section 33-2-132 Separate records as to each unit of development. The department shall establish
and maintain a separate record with respect to each unit of development that may have been
or may be acquired, constructed or operated in whole or in part under the provisions of this
article, or under the 1957 Docks Act, the 1959 Docks Act, the 1961 Docks Act, or the 1963
Docks Act. Each such separate record shall show: (1) the total amount of the capital investment
in each such unit of development, including the amount of such capital investment derived
from the proceeds of the bonds issued hereunder, or under the 1957 Docks Act, the 1959 Docks
Act, the 1961 Docks Act, or the 1963 Docks Act; and the amount, if any, of the said capital
investment derived from any other source; (2) the expenses of operating each such unit of
development; and (3) the gross revenues derived from the operation of each such unit of development.
In the event any proceeds from bonds issued either under this...
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