Section 11-413 - Powers - Borrowing authority.
§ 11-413. Powers - Borrowing authority.
The Corporation may:
(1) borrow money to finance costs of a project or for any other corporate purpose of the Corporation;
(2) secure the payment of the borrowing by pledge of or mortgage or deed of trust on property or revenues of the Corporation; and
(3) combine projects for financing.
[An. Code 1957, art. 83A, § 5-1604(11), (12); 2008, ch. 306, § 2.]