(a) The net revenues from a joint operation shall be used first to pay the principal and interest as they mature of revenue bonds issued under this subchapter.
(b) Any remaining net revenues may be used to provide funds or pay bonds and interest issued for improvements, extensions, and betterments.
Section: Previous 14-92-302 14-92-303 14-92-304 14-92-305 14-92-306 14-92-307 14-92-308 14-92-309 14-92-310 NextLast modified: November 15, 2016