Title 10, Chapter 9, Section 41
( 10-9-41)
(a) The revenue bonds of each issue shall be dated, shall bear
interest, shall be payable in such medium of payment as to both
principal and interest as may be determined by the authority, and
may be made redeemable before maturity, at the option of the
authority, at such price or prices and under such terms and
conditions as may be fixed by the authority in the resolution
providing for the issuance of revenue bonds. (b) The authority shall determine the form of the revenue bonds,
including any interest coupons to be attached thereto, and shall fix
the denomination or denominations of the revenue bonds and the place
or places of payment of principal and interest thereof, which may be
at any bank or trust company within or outside the state. |