Bond provisions in resolution

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    (a)    The authorizing resolution may provide that the bonds shall contain a recital that they are issued under this subtitle.

    (b)    The authorizing resolution shall state that the interest on bonds issued under this subtitle shall be payable twice a year.

    (c)    The authorizing resolution or any subsequent resolution may provide that the bonds issued under this subtitle:

        (1)    Be in 1 or more series;

        (2)    Bear a certain date or dates;

        (3)    Be executed in a certain manner;

        (4)    Contain certain terms, covenants, and conditions;

        (5)    Be in coupon or registered form, or both;

        (6)    May mature at a certain time or times, but not later than 40 years from their respective dates of issuance;

        (7)    Be payable in a certain medium of payment;

        (8)    Be payable at a certain place or places;

        (9)    Carry certain registration privileges; and

        (10)    Be subject to certain terms of redemption.


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