§ 36-82-240. Definitions

As used in this article, the term: “Governing body” means the board, commission, council, or other local legislative body of governmental entity. “Governmental entity” means any school district, independent school system, county, municipal corporation, consolidated city-county government, or other political subdivision of the state, any local authority, local body corporate, or local public corporation created […]

§ 36-82-241. Governed by General Provisions on Commercial Paper; Issuance of Security by Governmental Entity; Requirements of Governing Body Renewal and Reissuance of Commercial Paper

Whenever a governmental entity is authorized by law to issue bonds, notes, or certificates, including but not limited to general obligation bonds, revenue bonds, bond anticipation notes, tax anticipation notes, or revenue anticipation certificates, such governmental entity is authorized to issue such obligation in the form of commercial paper notes. The issuance of commercial paper […]