§ 9-21-1101. Authorization, Security, and Retirement of Health Care Revenue Anticipation Notes
The governing body of a local government operating a nursing home is authorized to issue health care revenue anticipation notes under this part and part 1 of this chapter for the purpose of providing funds to be transferred to the state pursuant to an approved intergovernmental transfer agreement between the state and the local government. […]
§ 9-21-1102. Terms of Health Care Revenue Anticipation Notes
Health care revenue anticipation notes shall be sold at not less than par value plus accrued interest. Health care revenue anticipation notes may be sold in one (1) or more series, may bear such date or dates, may bear interest at such rate or rates, which may vary from time to time, may be payable […]
§ 9-21-1103. Method of Sale of Health Care Revenue Anticipation Notes
Health care revenue anticipation notes may be sold in such manner either at a competitive public sale or at a private negotiated sale as the governing body of the local government may direct.
§ 9-21-1104. Interfund Loans
Local governments are hereby authorized to make interfund loans in accordance with procedures for issuance of notes under this part.