(a) The ordinance or order authorizing the bonds may provide for the execution by the chief executive officer of the issuer of a trust indenture which defines the rights of the owners of the bonds and provides for the appointment of a trustee for the owners of the bonds.
(b) The trust indenture may provide for the priority between and among successive issues and may contain any of the provisions set forth in ยง 14-142-209, and any other terms, covenants, and conditions that are deemed desirable.
Section: Previous 14-142-204 14-142-205 14-142-206 14-142-207 14-142-208 14-142-209 14-142-210 14-142-211 14-142-212 14-142-213 14-142-214 14-142-215 14-142-216 14-142-217 14-142-218 NextLast modified: November 15, 2016