Part 3 - Issuance of Bonds

Part 3 - Issuance of Bonds

Section 301 - Issuance of bonds by governing body -- Computation of indebtedness under constitutional and statutory limitations.
Section 302 - Resolution -- Negotiability -- Registration -- Maturity -- Interest -- Payment -- Redemption -- Combining issues -- Sale -- Financing plan.
Section 303 - Bonds, notes, or other obligations of political subdivisions exempt from taxation except corporate franchise tax.
Section 304 - Facsimile signatures and facsimile seal, use permitted -- Validity of signed bonds.
Section 304.5 - Recital in bonds -- Incontestability.
Section 305 - Registration, denominations, and exchange of obligations.
Section 306 - Additional pledge for general obligation bonds -- Revenue bonds -- Resolution.
Section 307 - Revenue bonds payable out of excise tax revenues.
Section 308 - Special service district bonds secured by federal mineral lease payments -- Use of bond proceeds -- Bond resolution -- Nonimpairment of appropriation formula -- Issuance of bonds.
Section 309 - Refunding bonds -- Limitation on redemption of bonds.
Section 310 - General obligation bonds -- Levy and collection of taxes.
Section 311 - Bond anticipation notes.
Section 312 - Prior bonds validated -- Exceptions.
Section 313 - Issuance of negotiable notes or bonds authorized -- Limitation on amount of tax anticipation notes or bonds -- Procedure.
Section 314 - Tax anticipation obligations validated.
Section 315 - Nature and validity of bonds issued -- Applicability of other statutory provisions -- Budget provision required -- Applicable procedures for issuance.
Section 316 - Publication of notice, resolution, or other proceeding -- Contest.
Section 317 - Bonds as legal investments -- Use as security for the faithful performance of acts.
Section 318 - Public hearing required.

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