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Part 1 - General Provisions Applicable to All Bonds and Notes Issued by Local Governments
§ 9-21-101. Short Title - This chapter shall be known and may be cited as...
§ 9-21-102. Intent - It is the intent and purpose of this chapter to...
§ 9-21-103. No Indebtedness Limit - Bonds or notes may be issued under this chapter, notwithstanding...
§ 9-21-104. Negotiability - Any bonds or notes issued by a local government pursuant...
§ 9-21-105. Chapter Definitions - As used in this chapter, unless the context otherwise requires:...
§ 9-21-106. Rate Discrimination Prohibited - When a public works project supplies its services to consumers...
§ 9-21-107. Powers of Local Governments - All local governments have the power and are authorized, either...
§ 9-21-108. Governing Body Authorized to Act by Resolution — Procedure for Adoption of Resolutions - All actions required or authorized to be taken under this...
§ 9-21-109. Determination of Costs of Public Works Projects - In determining the costs of any public works project for...
§ 9-21-110. Appointment of a Fiscal Agent - Any local government has the power in connection with the...
§ 9-21-112. Interim Certificates - Pending the preparation or delivery of definitive bonds or notes...
§ 9-21-115. State Control of Public Works Projects - This chapter shall not otherwise operate to dispense with the...
§ 9-21-116. Hotel and Motel Projects Subject to Tax - In local governments of this state where a tax is...
§ 9-21-117. Tax Exemption - Any bonds or notes issued by a local government pursuant...
§ 9-21-118. Recital of Issuance Pursuant to This Chapter - A resolution authorizing bonds or notes under this chapter may...
§ 9-21-119. Validity of Bonds and Notes Unaffected by Certain Irregularities - The validity of the authorization and issuance of the bonds...
§ 9-21-121. Impairment of Contract - Nothing in this chapter shall be deemed in any way...
§ 9-21-122. Authorization to Cancel Bonds, Notes and Coupons - Whenever any bonds, notes, or interest coupons shall be paid...
§ 9-21-126. Advertisements for Sale of Bonds or Notes - An advertisement for sale of bonds or notes under this...
§ 9-21-128. Debt Necessary to Fund School Building Improvements, Demolition or New Construction - Whenever the commissioner of education is authorized by the state...
§ 9-21-131. Agreements Concerning Rights and Remedies of Parties — Jurisdiction — Applicable Law - When entering into any contracts or agreements authorized under this...
Part 2 - General Obligation Bonds
§ 9-21-202. Sale of General Obligation Bonds at Below Par Value - All general obligation bonds issued by any local government under...
§ 9-21-203. Sale of General Obligation Bonds — Notices - Any local government proposing to sell general obligation bonds, under...
§ 9-21-204. Sale of General Obligation Bonds to a State or Federal Agency - If any general obligation bonds are to be sold pursuant...
§ 9-21-205. Initial General Obligation Bond Resolution - Prior to the issuance of general obligation bonds pursuant to...
§ 9-21-206. Publication of Notice - The initial resolution, together with a notice in substantially the...
§ 9-21-208. Voluntary Election - If the governing body of the local government makes a...
§ 9-21-209. Election Resolution - If it is necessary to hold an election on the...
§ 9-21-211. Limitation on Election Contests - No suit, action or other proceeding contesting the validity of...
§ 9-21-212. Waiting Period for New Election - If an election on the proposition to issue general obligation...
§ 9-21-214. Powers to Secure and to Covenant as to General Obligation Bonds - In order to secure the payment of the principal of...
§ 9-21-216. Remedies of General Obligation Bondholders - Any holder of general obligation bonds issued pursuant to parts...
Part 3 - Revenue Bonds
§ 9-21-303. Sale of Revenue Bonds at Below Par Value - All revenue bonds issued by any local government under the...
§ 9-21-307. Revenue Bonds of the Same Issue Shall Be Equally and Ratably Secured - All revenue bonds of the same issue shall be equally...
§ 9-21-310. Remedies of Revenue Bondholders - Subject to any contractual limitations binding upon the holders of...
§ 9-21-312. Judicial Supervision of Receiver - The receiver shall, in the performance of the powers conferred...
§ 9-21-313. Duties of Receiver - It is the duty of a receiver to:
§ 9-21-314. Sale of Assets by Receiver Prohibited - Notwithstanding § 9-21-313, the receiver shall have no power to...
§ 9-21-315. Surrender of Possession by Receiver - Whenever all that is due upon the revenue bonds, and...
§ 9-21-316. Remedies Cumulative — Effect of Abandonment or Nonexercise of Right or Remedy - No remedy conferred by this part upon any holder of...
Part 4 - General Provisions Governing the Issuance of All Notes by Local Governments
§ 9-21-401. Applicability - The terms of this part and part 1 of this...
§ 9-21-404. Sanction for Failure to Submit the Annual Budget to the Comptroller of the Treasury or the Comptroller's Designee - If a proper budget is not submitted to the comptroller...
§ 9-21-405. Definition of “period.” - Period,” as used in this part and parts 5-8 of...
§ 9-21-407. Remedies of Noteholders - Any holder of notes issued pursuant to this chapter has...
Part 5 - Bond Anticipation Notes
§ 9-21-501. Authorization for the Issuance of Bond Anticipation Notes - The governing body of the local government acting by resolution...
§ 9-21-502. Purchase and Terms of Bond Anticipation Notes - Bond anticipation notes shall be sold for not less than...
§ 9-21-503. Method of Sale of Bond Anticipation Notes - Bond anticipation notes may be sold in such manner either...
§ 9-21-505. Approval of Bond Anticipation Notes and Application for Their Extension or Renewal - The sale of bond anticipation notes shall first be approved...
Part 6 - Capital Outlay Notes
§ 9-21-601. Authorization for the Issuance of Capital Outlay Notes - The governing body of a local government acting by resolution...
§ 9-21-603. Security for Capital Outlay Notes - When the capital outlay notes are issued and sold, they...
§ 9-21-605. Capital Outlay Notes Issued Solely for the Acquisition of a Fee Simple Absolute Interest in Land - Capital outlay notes issued solely for the acquisition of a...
§ 9-21-607. Method of Sale of Three-Year Capital Outlay Notes and Seven-Year Capital Outlay Notes - Notes authorized to be issued under §§ 9-21-604 and 9-21-605...
§ 9-21-608. Twelve-Year Capital Outlay Notes - Capital outlay notes issued pursuant to this section may be...
§ 9-21-609. Method of Sale of Twelve-Year Capital Outlay Notes - together with any other information deemed pertinent to the note...
§ 9-21-612. Refunding of Capital Outlay Notes - Capital outlay notes issued pursuant to this part and general...
Part 7 - Grant Anticipation Notes
§ 9-21-701. Authorization for the Issuance of Grant Anticipation Notes - The governing body of a local government, acting by resolution,...
§ 9-21-702. Terms of Grant Anticipation Notes - Grant anticipation notes shall be sold at not less than...
§ 9-21-703. Method of Sale of Grant Anticipation Notes - Grant anticipation notes may be sold in such manner either...
§ 9-21-704. Security for Grant Anticipation Notes - The principal of grant anticipation notes shall not be direct...
§ 9-21-705. Duration — Extension or Renewal - Grant anticipation notes shall be issued for a period not...
Part 8 - Tax Anticipation Notes
§ 9-21-801. Authorization, Security, and Retirement of Tax Anticipation Notes - The governing body of a local government may issue interest-bearing...
§ 9-21-802. Terms of Tax Anticipation Notes - Tax anticipation notes shall be sold at not less than...
§ 9-21-803. Method of Sale of Tax Anticipation Notes - Tax anticipation notes may be sold in such manner either...
Part 9 - General Obligation Refunding Bonds
§ 9-21-902. Determination by Governing Body to Be Conclusive - A determination by the governing body that any refunding is...
§ 9-21-903. Plan of Refunding to Be Submitted to the Comptroller of the Treasury or the Comptroller's Designee — Publication of Notice of Refunding - NOTICE The following report has been received from the comptroller...
§ 9-21-905. Initial Resolution and Election Requirements — When Required - If the general obligation refunding bonds shall be payable from...
§ 9-21-906. Sale of General Obligation Refunding Bonds at Below Par Value - All general obligation refunding bonds issued by any local government...
§ 9-21-908. Limitation on Maturity of Bonds to Be Refunded - Unless the outstanding obligations are retired at the time of...
§ 9-21-909. Installment Sales and Exchanges - General obligation refunding bonds may be sold or exchanged in...
§ 9-21-910. Sale of General Obligation Refunding Bonds — Notices — Agreement to Sell - together with any other information deemed pertinent to the bond...
§ 9-21-911. Sale of General Obligation Refunding Bonds to a State or Federal Agency - If any general obligation refunding bonds are to be sold...
§ 9-21-912. Notice of Refunding - If, at the time of delivery of the general obligation...
§ 9-21-913. Notice of Redemption - If any of the obligations to be refunded are to...
§ 9-21-915. Powers to Secure and to Covenant as to General Obligation Refunding Bonds - In order to secure the payment of the principal of...
§ 9-21-916. Remedies of General Obligation Refunding Bondholders - Any holder of general obligation refunding bonds issued pursuant to...
Part 10 - Revenue Refunding Bonds
§ 9-21-1002. Determination by Governing Body to Be Conclusive - A determination by the governing body that any refunding is...
§ 9-21-1003. Plan of Refunding to Be Submitted to the Comptroller of the Treasury or the Comptroller's Designee - NOTICE The following report has been received from the comptroller...
§ 9-21-1004. Maximum Amount of Principal for Which Revenue Refunding Bonds May Be Issued - The principal amount of any issue of revenue refunding bonds...
§ 9-21-1005. Sale of Revenue Refunding Bonds at Below Par Value - All revenue refunding bonds issued by any local government under...
§ 9-21-1007. Limitation on Maturity of Bonds to Be Refunded - Unless the outstanding obligations are retired at the time of...
§ 9-21-1009. Installment Sales or Exchanges - Revenue refunding bonds may be sold or exchanged in installments...
§ 9-21-1010. Notice of Refunding - If, at the time of delivery of the revenue refunding...
§ 9-21-1011. Notice of Redemption - If any of the obligations to be refunded are to...
§ 9-21-1013. Powers to Secure and to Covenant as to Revenue Refunding Bonds - In order to secure the payment of the principal of...
§ 9-21-1014. Revenue Refunding Bonds of the Same Issue Shall Be Equally and Ratably Secured - All revenue refunding bonds of the same issue shall be...
§ 9-21-1015. Rates Prescribed Sufficient to Produce Sufficient Revenues - The governing body of a local government issuing revenue refunding...
§ 9-21-1017. Remedies of Revenue Refunding Bondholders - Any holder of revenue refunding bonds issued pursuant to this...
Part 11 - Health Care Revenue Anticipation Notes
§ 9-21-1101. Authorization, Security, and Retirement of Health Care Revenue Anticipation Notes - The governing body of a local government operating a nursing...
§ 9-21-1102. Terms of Health Care Revenue Anticipation Notes - Health care revenue anticipation notes shall be sold at not...
§ 9-21-1103. Method of Sale of Health Care Revenue Anticipation Notes - Health care revenue anticipation notes may be sold in such...
§ 9-21-1104. Interfund Loans - Local governments are hereby authorized to make interfund loans in...