Southern Products Mart Authority | MidpageSouthern Products Mart Authority
41-10-50Short Title.41-10-51Definitions.41-10-52Purpose of Article; Construction of Article.41-10-53Authority and Procedure for Incorporation of Authority; Members, Officers and Directors of Authority; Reduction to Writing, Recordation and Admissibility in Evidence of Proceedings of Board of Directors.41-10-54Powers of Authority Generally; Acquisition by Eminent Domain of Real Property or Rights Owned by Railroads or Utilities Not Authorized.41-10-55Issuance and Sale of Bonds Authorized Generally; Form, Terms, Denominations, Etc., Thereof; Bonds to Be Deemed Negotiable Instruments; Redemption.41-10-56Resolution Authorizing Issuance of Bonds to Contain Recital as to Authority for Issuance; Notice of Passage of Resolution; Limitation Period and Venue for Actions to Contest Validity of Resolutions, Bonds, Etc.41-10-57Execution and Delivery of Bonds and Interest Coupons.41-10-58Sale of Bonds; Public Hearing or Consent of Department of Finance, Etc., Not a Prerequisite to Issuance of Bonds.41-10-59Refunding Bonds.41-10-60Disposition of Proceeds from Sale of Bonds and Refunding Bonds.41-10-61Exemption from Taxation of Bonds, Properties, Income, Etc., of Authority; Use of Bonds as Security for Deposits of State Funds; Investment of Trust Funds in Bonds.41-10-62Liability Upon Bonds, Debts, Agreements, Etc., of Authority.41-10-63Authority and Procedure for Pledge of Revenues of Authority and Creation of Statutory Lien Upon Facilities and Properties Thereof for Payment of Principal and Interest on Bonds; Remedies Upon Default in Payment of Principal or Interest on Bonds.41-10-64Special and Continuing Trust Fund for Payment of Principal and Interest on Bonds of Authority and Maintenance, Etc., of Facilities Thereof.41-10-65Payment of Principal and Interest on Bonds and Maintenance of Records Pertaining Thereto by State Treasurer.41-10-66Annual Audit of Books and Accounts of Authority; Disposition of Reports Thereof.41-10-67Awarding, Etc., of Contracts for Construction of Facilities, Buildings and Structures; Supervision, Etc., of Construction; Payments to Contractors; Agreement of Authority and Division of Construction Management of the Department of Finance as to Construction Cost Estimate.41-10-68Leasing of Buildings, Facilities and Structures.41-10-69Conveyance of Lands, Buildings, Properties, Etc., of Authority to State Upon Payment in Full of Bonds, Etc.; Dissolution of Authority.