13-51A BOARD OF REGENTS REVENUE BONDS
BOARD OF REGENTS REVENUE BONDS
Definition of terms.
Power to acquire property.
Power to accept grants.
Borrowing power of board.
Interim notes authorized--Purposes.
Terms of interim notes--Maturity date--Extension.
Security for payment of interim notes--Sources of payment.
Additional provisions to make interim notes salable.
Registration of interim notes--Interest payments--Redemption.
Execution of interim notes.
Sale of interim notes.
Payment of interim notes on issuance of bonds.
Power to issue bonds--Purposes--Resolution--Signatures.
Terms of bonds.
Pledge of income for security of bonds.
Rights of prior bondholders protected.
Covenant to maintain adequate income for bond retirement.
Covenant against debt or charge endangering income pledged to bond retirement.
Covenant against alienation of project so as to endanger bond security.
Additional covenants for security of bonds.
Trustee for bondholders--General powers--Trust agreement.
Covenants to take actions for benefit of bondholders.
Prohibition against obligating state.
Limited obligation of bonds.
Recording not required to perfect lien.
Validity of bonds despite expiration of terms of officers--Irregularities in
Sale of bonds--Minimum price.
Negotiability of bonds.
Bonds as legal investments.
Deposit of bond proceeds and revenues--Security--Disbursement.
Agreements as to custody of funds.
Actions for enforcement of chapter and resolutions.
Power to issue refunding bonds for matured obligations.
Exchange of refunding bonds--Sale and use of proceeds--Cancellation of bonds and
Power to issue refunding bonds for unmatured obligations.
Exchange or sale of refunding bonds--Use of proceeds.
Contracts and leases to carry out purposes.
Establishment and collection of fees.
Retention of revenues by board.
Accounting for project financing--Audits.
Supplemental nature of chapter--Conflicting provisions.
Severability of provisions.