Chapter 39 - CONSUMERS POWER DISTRICT BORROWING AND INDEBTEDNESS
- Section 49-39-1 - Authority to borrow-Funds available for repayment-Security for loan
- Section 49-39-2 - Pledging revenues as security for borrowing
- Section 49-39-3 - Resolution specifying particular revenues pledged
- Section 49-39-4 - Refunding of indebtedness-Issuance of refunding securities-Disposition of proceeds
- Section 49-39-5 - Payment of pledged revenues into special fund-Use of revenues-Designation of depository
- Section 49-39-6 - Sale of bonds
- Section 49-39-6.1 - Issuance of variable rate obligations-Authorization by resolution-Scope
- Section 49-39-6.2 - Enhancement of security for variable rate obligations-Credit agreements-Payment of costs
- Section 49-39-7 - Agreement with bondholders respecting charges for electricity
- Section 49-39-8 - Pledging revenues to secure federal indebtedness-State not liable
- Section 49-39-9 - Default on bonds-Operation of district by creditors-Priority of payment-Restoration of district to control
- Section 49-39-10 - Default on bonds-Court appointment of receiver-Authority of receiver to operate district-Discharge of receiver and return of district to control
- Section 49-39-11 - Pledges of revenues and refunding securities-Validation-Retroactive application