80-13-104. Repealed
80-13-104. Repealed. Secs. 5, 8, Ch. 269, L. 1989; sec. 1, Ch. 190, L. 1991. History: En. Sec. 4, Ch. 9, Sp. L. March 1986; amd. Sec. 4, Ch. 605, L. 1987; (4)En. Sec. 6, Ch. 605, L. 1987; amd. Sec. 3, Ch. 269, L. 1989.
80-12-308. Validity of pledge
80-12-308. Validity of pledge. A pledge made by the authority is valid and binding from the time the pledge is made. The revenues or property pledged and thereafter received by the authority is immediately subject to the lien of the pledge without any physical delivery thereof or further act, and the lien of any pledge is […]
80-12-309. Personal liability
80-12-309. Personal liability. The authority members and department members are not personally liable for any debt incurred by the authority. History: En. Sec. 13, Ch. 580, L. 1983.
80-12-310. Continuing validity of authority members’ signatures
80-12-310. Continuing validity of authority members’ signatures. If an authority member whose signature appears on bonds or coupons ceases to be a member before the delivery of the bonds, the signature continues to be valid and sufficient for all purposes. History: En. Sec. 17, Ch. 580, L. 1983; amd. Sec. 2621, Ch. 56, L. 2009.
80-12-311. Accounts of the authority
80-12-311. Accounts of the authority. There is an agricultural loan authority enterprise fund in the enterprise fund type provided for in 17-2-102. All funds from the proceeds of bonds issued under this chapter, fees and other money received by the authority, money appropriated by the legislature for the use of the authority in administering this chapter, […]
80-12-312. Reserve funds and appropriations
80-12-312. Reserve funds and appropriations. (1) The authority shall pay into one or more capital reserve accounts any: (a) money appropriated and made available by the state for the purpose of the fund; (b) proceeds of sale of bonds to the extent provided in the resolutions of the authority authorizing their issuance or in any trust indenture securing […]
80-12-313. Refunding obligations — sale
80-12-313. Refunding obligations — sale. Refunding obligations issued as provided in 90-6-121 may be sold or exchanged for outstanding obligations issued under this chapter. The proceeds may be applied to the purchase, redemption, or payment of outstanding obligations. Pending the application of the proceeds to the payment of outstanding obligations, the proceeds may be invested as […]
80-12-314. Refunding obligations — issuance
80-12-314. Refunding obligations — issuance. The authority may provide for the issuance of refunding obligations to refund any obligations then outstanding that have been issued under this chapter, including the payment of any redemption premium and any interest accrued or to accrue to the date of redemption of the obligations. The issuance of obligations, the maturities […]
80-12-401. Repealed
80-12-401. Repealed. Sec. 1, Ch. 39, L. 1991. History: En. Sec. 25, Ch. 580, L. 1983.
80-12-402. Repealed
80-12-402. Repealed. Sec. 56, Ch. 349, L. 1993. History: En. Sec. 26, Ch. 580, L. 1983; amd. Sec. 55, Ch. 112, L. 1991.