Authority to issue bonds.

Checkout our iOS App for a better way to browser and research.

The board may, by resolution, authorize and issue revenue bonds that are payable only from the money in the fund. Bonds may be issued only after approval by both houses of the general assembly acting either by bill or joint resolution and after approval by the governor in accordance with section 39 of article V of the state constitution.

Source: L. 2016: Entire part added, (SB 16-115), ch. 356, p. 1481, § 3, effective June 10.


Download our app to see the most-to-date content.