Article 1. Water Development Authority

Article 1. Water Development Authority

§22C-1-1. Short Title
§22C-1-2. Declaration of Policy and Responsibility; Purpose and Intent of Article; Findings
§22C-1-3. Definitions
§22C-1-4. Water Development Authority; Water Development Board; Organization of Authority and Board; Appointment of Board Members; Their Term of Office, Compensation and Expenses; Director of Authority; Compensation
§22C-1-5. Authority May Construct, Finance, Maintain, etc., Water Development Projects; Loans to Governmental Agencies Are Subject to Terms of Loan Agreements
§22C-1-6. Powers, Duties and Responsibilities of Authority Generally
§22C-1-7. Power of Authority to Collect Service Charges and Exercise Other Powers of Governmental Agencies in Event of Default; Power to Require Governmental Agencies to Enforce Their Rights
§22C-1-8. Expenditure of Funds for Study and Engineering of Proposed Projects
§22C-1-9. Authority Empowered to Issue Water Development Revenue Bonds, Renewal Notes and Refunding Bonds; Requirements and Manner of Such Issuance
§22C-1-10. Trustee for Bondholders; Contents of Trust Agreement
§22C-1-11. Trust Agreements for Related Responsibilities; Reimbursements
§22C-1-12. Legal Remedies of Bondholders and Trustees
§22C-1-13. Bonds and Notes Not Debt of State, County, Municipality or of Any Political Subdivision; Expenses Incurred Pursuant to Article
§22C-1-14. Use of Funds by Authority; Restrictions Thereon
§22C-1-15. Investment of Funds by Authority
§22C-1-16. Rentals and Other Revenues From Water Development Projects Owned by the Authority; Contracts and Leases of the Authority; Cooperation of Other Governmental Agencies; Bonds of Such Agencies
§22C-1-17. Maintenance, Operation and Repair of Projects; Reports by Authority to Governor and Legislature
§22C-1-18. Water Development Bonds Lawful Investments
§22C-1-19. Purchase and Cancellation of Notes or Bonds
§22C-1-20. Refunding Bonds
§22C-1-21. Exemption From Taxation
§22C-1-22. Acquisition of Property by Authority -- Acquisition by Purchase; Governmental Agencies Authorized to Convey, etc., Property
§22C-1-23. Same -- Acquisition Under Subdivision (10), Section Six of This Article; Property of Public Utilities and Common Carriers; Relocation, Restoration, etc., of Highways and Public Utility Facilities
§22C-1-24. Financial Interest in Contracts Prohibited; Penalty
§22C-1-25. Meetings and Records of Authority to Be Kept Public
§22C-1-26. Liberal Construction of Article
§22C-1-27. Authorized Limit on Borrowing

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