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§ 142-15.17 – No State-supported financing of certain assets without approval of the General Assembly.

142-15.17. No State-supported financing of certain assets without approval of the General Assembly. No State entity shall enter into any State-supported financing arrangement with respect to the acquisition of a capital asset having a value of five million dollars ($5,000,000) or more, unless the General Assembly has enacted legislation expressly approving (i) the acquisition, project, […]

§ 142-16 – Governor and Council of State may borrow on note.

142-16. Governor and Council of State may borrow on note. The Governor and Council of State may authorize and empower the State Treasurer in the intervals between sessions of the General Assembly, to borrow money on short term notes to meet any emergency arising from the destruction of the State’s property, whether used by department […]

§ 142-18 – Report to General Assembly.

142-18. Report to General Assembly. At each, the next regular or extra session of the General Assembly, the Governor and Council of State shall report to it the proceedings of the Governor and Council of State in borrowing money under this Article, setting out fully the facts upon which they held that the emergency existed […]

§ 142-29.1 – Title of Article.

142-29.1. Title of Article. This Article may be known and cited as the "State Refunding Bond Act." (1935, c. 445, s. 1; 1985 (Reg. Sess., 1986), c. 823, s. 1.)

§ 142-29.2 – Definitions.

142-29.2. Definitions. The words and phrases defined in this section shall have the meanings indicated when used in this Article, unless the context clearly requires another meaning: (1) "Authorized investments" means a. Direct obligations of the United States government, b. Obligations the principal of and the interest on which are guaranteed by the United States […]

§ 142-29.3 – Purpose.

142-29.3. Purpose. The purpose of this Article is to provide statutory procedures or to supplement existing procedures for the issuance of refunding obligations. (1935, c. 445, s. 3; 1985 (Reg. Sess., 1986), c. 823, s. 1.)

§ 142-29.4 – Powers.

142-29.4. Powers. In addition to the powers it may now or hereafter have, the State shall have the following powers, subject to the provisions of this Article and applicable bond documentation: (1) to borrow money and issue one or more series of refunding obligations for the purpose of refunding all or any part of any […]