Title 32, Chapter 10, Section 44
( 32-10-44)
The authority is authorized, subject to any prior resolution or
trust indenture, to provide by resolution for the issuance of
refunding bonds of the authority for the purpose of refunding any
bonds issued under this article and then outstanding, together with
accrued interest thereon. The issuance of such refunding bonds, the
maturities and all other details thereof, the rights of the holders
thereof, and the duties of the authority in respect to the same
shall be governed by this article insofar as it may be applicable. |