34A-14 PETROLEUM ENVIRONMENTAL COMPLIANCE AUTHORITY
CHAPTER 34A-14
PETROLEUM ENVIRONMENTAL COMPLIANCE AUTHORITY
34A-14-1
Establishment of public authority to issue revenue bonds and make loans--Powers--Immediate funding and completion of capital investments.
34A-14-2
Definition of terms.
34A-14-3
Creation of Petroleum Environmental Compliance Authority.
34A-14-4
Members of board of directors of authority--Appointment.
34A-14-5
Quorum of board--Vote by majority.
34A-14-6
Powers of authority.
34A-14-7
Additional powers of authority to make loans and investments.
34A-14-8
Additional powers of authority to borrow funds and issue bonds.
34A-14-9
Bonds payable solely out of authority's revenue--Exception--Inspection fee--Additional security.
34A-14-10
Obligations payable solely from revenue and assets of authority--Statement on face--Authority revenue bonds not general obligations of state.
34A-14-11
Bonds--Authorization and maturation--Application of other state laws--Sale.
34A-14-12
Lien of pledge made by authority--Validity--Recording of pledge not required.
34A-14-13
Purchase and canceling of bonds, loans, or other obligations by authority--Reasonable price.
34A-14-14
Security of bonds by trust indenture or other agreement--Protecting and enforcing
rights of bondholders--Payment and disbursement--Expenses.
34A-14-15
Bonds deemed negotiable instruments.
34A-14-16
Validity of signature of board member or officer leaving position prior to delivery.
34A-14-17
Persons executing bonds not personally liable.
34A-14-18
Pledge and agreement of state not to limit rights of authority or bondholders until
bonds discharged.
34A-14-19
Conflict of interest of member or employee of authority--Disclosure--Participation
prohibited--Officer or owner of organization.
34A-14-20
Payment of tax on property owned by authority not required--Obligations free from
taxation.
34A-14-21
Bonds and notes of authority made securities subject to investment and deposit.
34A-14-22
Provisions controlling.
34A-14-23
Liberal construction.
34A-14-24
Remaining assets of dissolved authority inure to benefit of state.
34A-14-25
Authority to issue bonds and pledge security--Pledge from secretary.
34A-14-26
Report--Deadline for submission--Contents.
34A-14-27
Short title.
Title 34A