Section 33-16-10 – Delegation of Duties, etc., to Other Public Corporations, Agencies and Departments of State.
Section 33-16-10 Delegation of duties, etc., to other public corporations, agencies and departments of state. Any duties and obligations of the authority which shall be delegated by the board of directors of the authority to the Highway Department, the State Docks Department or any other public corporation, agency or department of the state shall be […]
Section 33-16-11 – Construction, Maintenance, etc., of Terminals.
Section 33-16-11 Construction, maintenance, etc., of terminals. In connection with the navigational use of the waterway, the authority is hereby authorized to construct, improve, maintain and operate suitable and adequate river and canal terminals in accordance with plans approved by the Secretary of the Army of the United States and the Chief of Engineers of […]
Section 33-16-12 – Bonds – Generally.
Section 33-16-12 Bonds – Generally. There are hereby authorized to be issued bonds of the state in aggregate principal amount not exceeding $10,000,000.00. The bonds hereby authorized shall be general obligations of the state, and the full faith and credit of the state are hereby irrevocably pledged for the prompt and faithful payment of the […]
Section 33-16-13 – Bonds – Disposition of Proceeds; Investments.
Section 33-16-13 Bonds – Disposition of proceeds; investments. The authority shall pay out of the proceeds from the sale of any of the bonds all expenses which the board of directors may deem necessary or advantageous in connection with the sale and issuance of the bonds. The proceeds from the sale of all bonds, other […]
Section 33-16-14 – Bonds – State Treasurer to Pay Principal and Interest of Bonds; Records.
Section 33-16-14 Bonds – State Treasurer to pay principal and interest of bonds; records. Out of any funds in the State Treasury that may be available for such purpose, the State Treasurer is authorized and directed to pay the principal of and interest on the bonds at the respective maturities of the said principal and […]