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§ 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.