Section 141.1062 – Security Transactions; Authorization and Approval.
141.1062 Security transactions; authorization and approval. Sec. 12. (1) The authority may authorize and approve an insurance contract, an agreement for a line of credit, a letter of credit, a commitment to purchase notes or bonds, an agreement to remarket bonds or notes, and any other transaction to provide security to assure timely payment of […]
Section 141.1051 – Legislative Findings and Declarations.
141.1051 Legislative findings and declarations. Sec. 1. The legislature finds and declares the following: (a) It is in the public interest and it is the policy of the state to foster and promote borrowing of money by governmental units within the state for financing public improvements, for financing community water supplies and noncommunity water supplies, […]
Section 141.1052 – Short Title.
141.1052 Short title. Sec. 2. This act shall be known and may be cited as the “Shared credit rating act.” History: 1985, Act 227, Eff. Mar. 31, 1986