Midlands Authority

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  4. Midlands Authority

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Section
13-19-10

Midlands Authority created; governing board; appointment and terms of board members; filling of vacancies.

Section
13-19-20

Board officers; committees; meetings; quorum.

Section
13-19-30

Rights and powers of board.

Section
13-19-35

Area in which authority may exercise powers and duties.

Section
13-19-40

Authority to issue bonds; financing agreements with respect to construction, operation, maintenance, and improvement of projects.

Section
13-19-45

Issuance of revenue bonds, and financing agreements, with respect to particular projects.

Section
13-19-50

Resolution by board authorizing issuance of revenue bonds.

Section
13-19-60

Terms and particulars pertaining to bonds.

Section
13-19-70

Bond principal and interest, security agreements, indentures, and financing agreements exempt from taxation.

Section
13-19-80

Bond issue approval; proposal; disposition of proposal.

Section
13-19-90

Signature and attestation of bonds and interest coupons.

Section
13-19-100

Sale of bonds upon terms and conditions set by State Fiscal Accountability Authority.

Section
13-19-110

Description of financial obligations to be filed with State Treasurer.

Section
13-19-120

Resolutions, covenants, and agreements pertaining to issuance of bonds are binding; enforceability.

Section
13-19-130

Limited obligation of bonds; state not to incur liability; security; trustee under security agreement or indenture.

Section
13-19-140

Investment of funds by state treasurer; net earnings.

Section
13-19-150

Carryover of unexpended funds from year to year.

Section
13-19-160

Determinations required to be made by authority prior to undertaking projects; terms which must be included in financing agreement between authority and company with respect to projects.

Section
13-19-170

Disposition of proceeds of sale of bonds; what constitutes cost of acquiring project.

Section
13-19-180

Regulations promulgated by authority to be in accord with Title 1, Chapter 23.

Section
13-19-190

Establishment of profit or not-for-profit corporations to carry out purposes of chapter; grants and loans; loan guarantees and limitations of liability.

Section
13-19-200

Tax exemption of authority property; payment in lieu of taxes.

Section
13-19-210

Purposes for which authority is or is not "agency," "state agency," or state institution.

Section
13-19-220

Severability.

Section
13-19-230

Chapter not to affect generation, transmission, distribution, or provision of electricity at wholesale, retail, or otherwise.