An agency may from time to time issue its bonds in such principal amounts as its board
shall deem necessary to provide sufficient funds to carry out any of the agency's
purposes and powers, including the establishment or increase of reserves, interest
accrued during construction of a project and for such period thereafter as the board
may determine, and the payment of all other costs or expenses of the agency incident
to and necessary or convenient to carry out its purposes and powers.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.