SEC. 57-10-415. Payment of revenue bonds; security.
Every issue of bonds under Sections 57-10-401 through 57-10-445 shall be payable solely out of any revenues of the corporation as provided in Sections 57-10-401 through 57-10-445. The bonds additionally may be secured by a pledge of any grant, contribution or guarantee from the federal government or any person or a pledge by the corporation of any revenues from any source.
SOURCES: Laws, 1993, ch. 565, Sec. 8, eff from and after July 1, 1993. 1997 Laws, Chapter 576, Sec. 8, HB899, Effective July 1, 1997. Reenacted by Laws 2000, Ch. 425, Sec. 8, HB546, eff. July 1, 2000.
PREVIOUS VERSIONS: Pre-2000