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  3. 451-1994-III-2-4-THE-TIMBER-INDUSTRY-501-7 Subp...


451-1994-III-2-4-THE-TIMBER-INDUSTRY-501-7 Subpart 7 Bond Issuance Provisions (324.50156...324.50166)


  • Section 324.50156 Resolution Authorizing Bonds; Provisions.
  • Section 324.50157 Resolution Authorizing Bonds; Principal, Interest, Payment, and Security; Full Faith and Credit; Trustees.
  • Section 324.50158 Special Debt Service Reserve Fund; Creation; Purpose; Sources and Use of Money; Transfer of Income or Interest; Limitation on Approved Reserve Fund Requirement; Limitation on Issuance of Bonds.
  • Section 324.50159 Statement of Liability on Face of Bond.
  • Section 324.50160 Applicability of Part And Resolution; Enforcement of Duties; Recital in Bond as Evidence of Validity; Publication and Effective Date of Resolution.
  • Section 324.50161 Refunding Bonds.
  • Section 324.50162 Adoption of Bonds by Resolution of Majority of Board; Bonds Subject to Revised Municipal Finance Act.
  • Section 324.50163 Pledge and Lien of Pledge Valid and Binding; Recordation Not Required.
  • Section 324.50164 Liability on Bonds.
  • Section 324.50165 Pledge and Agreement of State Not to Impair Rights and Remedies of Bondholders; Bonds as Negotiable Instruments; Bonds as Securities; Investment in Bonds.
  • Section 324.50166 Exemption From Taxation.
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