Chapter 19 - Midlands Authority

Chapter 19 - Midlands Authority

Section 13-19-10. Midlands Authority created; governing board; appointment and terms of board members; filling of vacancies.
Section 13-19-20. Board officers; committees; meetings; quorum.
Section 13-19-30. Rights and powers of board.
Section 13-19-35. Area in which authority may exercise powers and duties.
Section 13-19-40. Authority to issue bonds; financing agreements with respect to construction, operation, maintenance, and improvement of projects.
Section 13-19-45. Issuance of revenue bonds, and financing agreements, with respect to particular projects.
Section 13-19-50. Resolution by board authorizing issuance of revenue bonds.
Section 13-19-60. Terms and particulars pertaining to bonds.
Section 13-19-70. Bond principal and interest, security agreements, indentures, and financing agreements exempt from taxation.
Section 13-19-80. Bond issue approval; proposal; disposition of proposal.
Section 13-19-90. Signature and attestation of bonds and interest coupons.
Section 13-19-100. Sale of bonds upon terms and conditions set by State Fiscal Accountability Authority.
Section 13-19-110. Description of financial obligations to be filed with State Treasurer.
Section 13-19-120. Resolutions, covenants, and agreements pertaining to issuance of bonds are binding; enforceability.
Section 13-19-130. Limited obligation of bonds; state not to incur liability; security; trustee under security agreement or indenture.
Section 13-19-140. Investment of funds by state treasurer; net earnings.
Section 13-19-150. Carryover of unexpended funds from year to year.
Section 13-19-160. Determinations required to be made by authority prior to undertaking projects; terms which must be included in financing agreement between authority and company with respect to projects.
Section 13-19-170. Disposition of proceeds of sale of bonds; what constitutes cost of acquiring project.
Section 13-19-180. Regulations promulgated by authority to be in accord with Title 1, Chapter 23.
Section 13-19-190. Establishment of profit or not-for-profit corporations to carry out purposes of chapter; grants and loans; loan guarantees and limitations of liability.
Section 13-19-200. Tax exemption of authority property; payment in lieu of taxes.
Section 13-19-210. Purposes for which authority is or is not "agency," "state agency," or state institution.
Section 13-19-220. Severability.
Section 13-19-230. Chapter not to affect generation, transmission, distribution, or provision of electricity at wholesale, retail, or otherwise.

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