Chapter 7 - Improvement Authorities.

Chapter 7 - Improvement Authorities.

Section 39-7-1 - Definitions.
Section 39-7-2 - Authorization for incorporation generally.
Section 39-7-3 - Filing of petition for election as to incorporation.
Section 39-7-4 - Form and verification of petition.
Section 39-7-5 - Summary proceedings for review, etc., of sufficiency of petition.
Section 39-7-6 - Publication of notice of filing of petition and of question to be submitted to voters at election.
Section 39-7-7 - Submission of question proposed by petition to voters at general election.
Section 39-7-8 - Holding of special election for submission of question to voters; provisions of law governing conduct of such elections; payment of expenses of elections.
Section 39-7-9 - Contents and form of election ballot.
Section 39-7-10 - Adoption of resolution setting forth question submitted and votes cast; declaration of incorporation of improvement authority.
Section 39-7-11 - When authority deemed incorporated; transmission of certified copy of resolution, etc., to Secretary of State; Secretary of State to furnish statement of names, etc., of authorities incorporated to Department of Finance; publication of statement and effect thereof.
Section 39-7-12 - Authority to be public corporation; exercise of powers of authority.
Section 39-7-13 - Purpose and powers of authority generally; sale, transfer and conveyance of entire water system to public corporation authorized to conduct business of water distribution system.
Section 39-7-14 - Board of trustees of authority - Composition; appointment, removal and terms of office of members; vacancies.
Section 39-7-15 - Board of trustees of authority - Members not to hold public office under municipality.
Section 39-7-16 - Board of trustees of authority - Organization meeting; selection of officers.
Section 39-7-17 - Board of trustees of authority - Compensation; delegation of powers and duties to employees, etc.
Section 39-7-18 - Board of trustees of authority - Powers generally.
Section 39-7-19 - Transfer of supervision, possession, control, etc., of property, rights, books, papers, etc., of plant or system owned by municipality to authority generally; continuation in effect of provisions of law as to powers and duties of municipal officers and employees.
Section 39-7-20 - Transfer of municipal officers and employees to authority.
Section 39-7-21 - Obligations of contracts of municipality not to be impaired; payment of notes, bonds or other obligations issued by municipality; assumption of municipal contracts as to plant or system by authority.
Section 39-7-22 - Powers generally; consent of Department of Finance required for issuance or sale of bonds or other evidence of indebtedness by authority.
Section 39-7-23 - Authorization for issuance of bonds by authority; terms, denominations, sale, redemption, etc., of bonds; issuance of interim receipts, certificates, etc.
Section 39-7-24 - Liability on bonds and other obligations of authority.
Section 39-7-25 - Rights and remedies of bondholders.
Section 39-7-26 - Pledge as to alteration, impairment, etc., of certain rights and powers of authorities and rights and remedies of bondholders by state.
Section 39-7-27 - Disposition of moneys of authority.
Section 39-7-28 - Examinations of accounts and books of authority; copy of examination to be furnished to board of trustees; publication of statement and analysis of financial standing of authority; special audit and examination of books and accounts of authority.
Section 39-7-29 - Authorization and procedure for enlarging of services furnished by authority.
Section 39-7-30 - Authorization and procedure for diminishing of services furnished by authority.
Section 39-7-31 - Limitation as to number of special elections for incorporating authority or enlarging or diminishing services furnished by authority.
Section 39-7-32 - Furnishing of services outside boundaries of municipality by authority.
Section 39-7-33 - Purpose of chapter; chapter exclusive as to franchises, licenses, permits, etc., for authorities.
Section 39-7-34 - Provisions of chapter exclusive as to matters covered by chapter.

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