1-16A-87 Program for issuance of bonds or certificates of participation that constitute debt of par...
Program for issuance of bonds or certificates of participation that constitute debt
of participating agencies--Secured for payment by proceeds of irrepealable tax levies.
In addition to
the authorization granted by § 1-16A-86, the authority may establish a program for, or issue or assist
others in the issuance of, bonds, certificates of participation or other instruments that directly or
indirectly constitute a debt or other obligation of one or more participating public agencies and which
may be secured directly or indirectly by the proceeds of irrepealable tax levies of the participating
Source: SL 1991, ch 11, § 11.