Obligations of an authority other than certificates shall be payable from general funds of an authority and shall at no time be a charge against any special fund allocated to the payment of certificates except upon payment of current annual maturities and reserves required to be created under Code Section 31-7-77. The maturity of any such obligations shall not extend for more than 40 years.
Section: Previous 31-7-81 31-7-82 31-7-83 31-7-84 31-7-85 31-7-86 31-7-87 31-7-88 31-7-89 31-7-89.1 31-7-90 31-7-90.1 31-7-91 31-7-92 31-7-93 NextLast modified: October 14, 2016