1-16A-48 Additional bonds for facilities or HEAL loans--Protection of prior bondholders.
1-16A-48.
Additional bonds for facilities or HEAL loans--Protection of prior bondholders.
Issuance by the authority of one or more series of bonds for one or more purposes shall not preclude
it from issuing other bonds in connection with the same facilities or HEAL loans or any other
facilities or HEAL loans or any other purpose hereunder, but the resolutions or trust indenture
whereunder any subsequent bonds may be issued shall recognize and protect any prior pledge or
mortgage made for any prior issue of bonds.
Source: SL 1972, ch 10, § 11; SL 1982, ch 10, § 10.
Chapter 1-16A