§ 14-362-201. Definitions
As used in this subchapter: (1) “Authority” means any authority created under the provisions of § 14-362-103; (2) “Bond” means a revenue bond; (3) “Contract for effective interest rates” means any contract to achieve a desirable effective interest rate, including, but not limited to: (A) An investment contract; (B) A funding agreement; (C) An interest […]
§ 14-362-202. Contracts authorized
(a) In connection with revenue bonds issued by an authority, the authority may enter into a contract for effective interest rates. (b) A contract for effective interest rates may be entered into at the time the bonds are issued or at any time while the bonds are outstanding. (c) A contract for effective interest rates […]
§ 14-362-203. Payments and revenues
(a) Payments required to be made by an authority under a contract for effective interest rates under this subchapter shall be payable from the same revenue source or sources from which the related bonds are payable. (b) Revenues derived by an authority from a contract for effective interest rates shall be used for one (1) […]
§ 14-362-204. Supplemental
This subchapter is supplemental to all other provisions of state law governing the issuance of bonds by authorities and the investment of the bond proceeds.
§ 14-362-114. Issuance of revenue bonds — Execution
(a) (1) The bonds shall be executed by the manual or facsimile signatures of the chair and secretary of the authority. (2) In case any of the officers whose signatures appear on the bonds or coupons shall cease to be such officers before the delivery of the bonds or coupons, their signatures shall nevertheless be […]
§ 14-362-130. Authorized investors
Any municipality, or any board, commission, or other authority duly established by ordinance of any municipality, or the boards of trustees, respectively, of the firemen’s relief and pension fund and the policemen’s pension and relief fund of any such municipality, or the board of trustees of any retirement system created by the General Assembly may, […]
§ 14-362-115. Issuance of revenue bonds — Obligation of authority
(a) The revenue bonds issued under this chapter shall be obligations only of the authority and shall not be general obligations of any county, municipality, or the state. (b) (1) In no event shall the revenue bonds constitute an indebtedness of any county, municipality, or the state within the meaning of any constitutional or statutory […]
§ 14-362-131. Construction
(a) This chapter shall be liberally construed to accomplish its intent and purposes and shall be the sole authority required for the accomplishment of its purpose. (b) To this end: (1) It shall not be necessary to comply with the general provisions of other laws dealing with public facilities, their acquisition, construction, leasing, encumbering, or […]
§ 14-362-116. Issuance of revenue bonds — Refunding bonds
(a) (1) Revenue bonds may be issued under this chapter for the purpose of refunding any obligations issued under this chapter. (2) The refunding bonds may be combined with bonds issued into a single issue. (b) (1) When bonds are issued under this section for refunding purposes, the bonds may either be sold or delivered […]
§ 14-362-132. Exemption from annexation and municipal regulation — Definition
(a) For purposes of this section, “authority” means an authority created with members from two (2) or more counties and three (3) or more cities, and the property of the authority shall be defined as the real property owned in fee simple title by the authority or property acquired in fee simple title by the […]