(1) "Bond" means any bond authorized to be issued under this chapter, including municipal bonds.

(2) "Election results" has the same meaning as defined in Section 20A-1-102.

(3) "Governing body" means: (a) for a county, city, town, or metro township, the legislative body of the county, city, or town; (b) for a local district, the board of trustees of the local district; (c) for a school district, the local board of education; or (d) for a special service district under Title 17D, Chapter 1, Special Service District Act: (i) the governing body of the county or municipality that created the special service district, if no administrative control board has been established under Section 17D-1-301; or (ii) the administrative control board, if one has been established under Section 17D-1-301 and the power to issue bonds not payable from taxes has been delegated to the administrative control board.

(a) for a county, city, town, or metro township, the legislative body of the county, city, or town;

(b) for a local district, the board of trustees of the local district;

(c) for a school district, the local board of education; or

(d) for a special service district under Title 17D, Chapter 1, Special Service District Act: (i) the governing body of the county or municipality that created the special service district, if no administrative control board has been established under Section 17D-1-301; or (ii) the administrative control board, if one has been established under Section 17D-1-301 and the power to issue bonds not payable from taxes has been delegated to the administrative control board.

(i) the governing body of the county or municipality that created the special service district, if no administrative control board has been established under Section 17D-1-301; or

(ii) the administrative control board, if one has been established under Section 17D-1-301 and the power to issue bonds not payable from taxes has been delegated to the administrative control board.

(4) "Local district" means a district operating under Title 17B, Limited Purpose Local Government Entities - Local Districts.

(5) (a) "Local political subdivision" means a county, city, town, metro township, school district, local district, or special service district. (b) "Local political subdivision" does not include the state and its institutions.

(a) "Local political subdivision" means a county, city, town, metro township, school district, local district, or special service district.

(b) "Local political subdivision" does not include the state and its institutions.