§ 14-362-109. Powers of authority generally
Each authority is given power and authority as follows: (1) To make and adopt all necessary bylaws, rules, and regulations for its organization and operations not inconsistent with law; (2) To elect its own officers, to appoint committees, and to employ and fix the compensation for personnel necessary for its operation; (3) To enter into […]
§ 14-362-110. Issuance of revenue bonds — Authorization
(a) Authorities are authorized to use any available revenues for the accomplishment of the purposes and the implementation of the powers authorized by this chapter, including the proceeds of revenue bonds issued from time to time pursuant to the provisions of this chapter, either alone or together with other available funds and revenues. (b) The […]
§ 14-362-111. Issuance of revenue bonds — Resolution of authority — Nature of bonds
(a) The issuance of revenue bonds shall be by resolution of the authority. (b) The bonds of each issue may: (1) Be coupon bonds payable to bearer or may be registrable as to principal only or as to both principal and interest; (2) Be in such form and denominations; (3) Be made payable at such […]
§ 14-362-112. Issuance of revenue bonds — Indenture
(a) The resolution authorizing the bonds may provide for the execution by the authority of an indenture which defines the rights of the holders and registered owners of the bonds and provides for the appointment of a trustee for the holders and registered owners of the bonds. (b) Indenture may control the priority between successive […]
§ 14-362-101. Title
This chapter may be cited as the “Regional Airport Act.”
§ 14-362-102. Definitions
As used in this chapter, unless the context otherwise requires: (1) “Authority” means any authority created under the provisions of this chapter; (2) “Construct” means to acquire or build, in whole or in part, in such manner and by such method, including contracting therefor, and if the latter, by negotiation or bids upon such terms […]