§1977. Trust funds Subject to any agreement with the bondholders, all revenue received from the operation of the turnpike after deducting expenditures required for the construction, reconstruction, operation and maintenance of the turnpike and for the payment of the principal and the interest on the bonds of the authority or otherwise in accordance with the […]
§1978. Termination of the authority The authority shall not be dissolved until such time as: [PL 1981, c. 595, §3 (NEW).] 1. Legislature provide for termination. The Legislature shall provide for its termination; and [PL 1981, c. 595, §3 (NEW).] 2. Payment of bonds, premiums and interest. All bonds, the premium, if any, […]
§1979. Governmental functions It is declared that the purposes of this chapter are public and that the authority shall be regarded as performing a governmental function in the carrying out of the provisions of this chapter. [PL 1981, c. 595, §3 (NEW).] SECTION HISTORY PL 1981, c. 595, §3 (NEW).
§1980. Penalties Regulatory rules and laws shall be observed as follows. [PL 1981, c. 595, §3 (NEW).] 1. Traffic infraction. Except as provided in subsection 1‑A, a violation of published rules relating to the turnpike or its use or services is a traffic infraction and is punishable by a fine of not more than […]
§1981. Effective date This chapter shall take effect when approved, except that the authority may not, at any time before any bonds outstanding on the effective date and the interest thereon shall have been paid or a sufficient amount for the payment of any such bonds, premium, if any, and the interest to maturity or […]
§1982. Confidentiality of authority records A log or record identifying the name, address or travel patterns of a patron of the turnpike, whether prepared for enforcement of authority tolls or other purposes of the authority, is for the exclusive use of the authority in the discharge of its duties under this chapter. This material is […]
§1983. Interest rate agreements The authority is authorized to enter from time to time into agreements with another party, on terms and conditions that the authority determines are necessary or convenient, in which the authority agrees to make a payment to, or to receive a payment from, the other party based on a comparison at […]
