Powers -- Borrowing authority

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

    The Corporation may:

        (1)    borrow money to finance costs of a project or for any other corporate purpose of the Corporation;

        (2)    secure the payment of the borrowing by pledge of or mortgage or deed of trust on property or revenues of the Corporation; and

        (3)    combine projects for financing.


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