Title 50, Chapter 9, Section 38
( 50-9-38)
The revenue bonds may be issued without any other proceedings or the
happening of any other conditions or things than those proceedings,
conditions, and things which are specified or required by this
article or Article 1 of this chapter. In the discretion of the
authority, revenue bonds of a single issue may be issued for the
purpose of paying the cost of any one or more, including a
combination of, projects at any one institution or any number of
institutions. Any resolution providing for the issuance of revenue
bonds under this article or Article 1 of this chapter shall become
effective immediately upon its passage and need not be published or
posted, and any such resolution may be passed at any regular,
special, or adjourned meeting of the authority by a majority of its
members. |