§ 31-18-7. Issuance of variable rate refunding bonds by the state
This section and other applicable provisions of this chapter, without reference to any other statute, shall be deemed full and complete authority for the issuance of variable rate refunding bonds by the state, and shall be construed as an additional and alternative method therefor. The state, acting by and through the commission, may refund outstanding […]
§ 31-18-1. Definitions
As used in this chapter, the following words shall have the meanings ascribed herein unless the context clearly requires otherwise: “Variable rate bonds” shall mean state-supported debt which bears interest at a rate or rates which vary from time to time and shall include variable rate refunding bonds. “Interest rate exchange or similar agreement” shall […]