Title 11 Chapter 14

Title 11Cities, Counties, and Local Taxing Units (Download: PDF | RTF | WordPerfect)
Chapter 14Local Government Bonding Act (Download: PDF | RTF | WordPerfect)
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Section 101 Title.
Section 102 Definitions.
Section 103 Bond issues authorized -- Purposes -- Use of bond proceeds.
Section 201 Election on bond issues -- Qualified electors -- Resolution and notice.
Section 202 Notice of election -- Contents -- Publication -- Mailing.
Section 203 Time for election -- Equipment -- Election officials -- Combining precincts.
Section 204 Challenges to voter qualifications.
Section 205 Special registration not required -- Official register supplied by clerk.
Section 206 Ballots -- Submission of ballot language -- Form and contents.
Section 207 Counting and canvassing -- Official finding.
Section 208 Contest of election results -- Procedure.
Section 301 Issuance of bonds by governing body -- Computation of indebtedness under constitutional and statutory limitations.
Section 302 Resolution -- Negotiability -- Registration -- Maturity -- Interest -- Payment -- Redemption -- Combining issues -- Sale -- Financing plan.
Section 303 Bonds, notes, or other obligations of political subdivisions exempt from taxation except corporate franchise tax.
Section 304 Facsimile signatures and facsimile seal, use permitted -- Validity of signed bonds.
Section 304.5 Recital in bonds -- Incontestability.
Section 305 Registration, denominations, and exchange of obligations.
Section 306 Additional pledge for general obligation bonds -- Revenue bonds -- Resolution.
Section 307 Revenue bonds payable out of excise tax revenues.
Section 308 Special service district bonds secured by federal mineral lease payments -- Use of bond proceeds -- Bond resolution -- Nonimpairment of appropriation formula -- Issuance of bonds.
Section 309 Refunding bonds -- Limitation on redemption of bonds.
Section 310 General obligation bonds -- Levy and collection of taxes.
Section 311 Bond anticipation notes.
Section 312 Prior bonds validated -- Exceptions.
Section 313 Issuance of negotiable notes or bonds authorized -- Limitation on amount of tax anticipation notes or bonds -- Procedure.
Section 314 Tax anticipation obligations validated.
Section 315 Nature and validity of bonds issued -- Applicability of other statutory provisions -- Budget provision required -- Applicable procedures for issuance.
Section 316 Publication of notice, resolution, or other proceeding -- Contest.
Section 317 Bonds as legal investments -- Use as security for the faithful performance of acts.
Section 318 Public hearing required.
Section 401 Short title -- Title to appear on face of bonds -- Effect of future statutes dealing with municipal bond issues.
Section 402 Exemptions from application of chapter -- Exception.
Section 403 Conflict of laws.
Section 404 Severability clause.
Section 405 Validity of prior bond issues.
Section 406 Application of chapter.
Section 501 Creation and perfection of government security interests.
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