8141 - Form of bonds or notes.
SUBCHAPTER C PROVISIONS OF BONDS AND NOTES Sec. 8141. Form of bonds or notes. 8142. Limitations on stated maturity dates. 8143. Disposition of proceeds notwithstanding certain limitations. 8144. Number of interest rates. 8145. Place and medium of payment. 8146. Execution of bonds or notes. 8147. Pledge of revenues. 8148. Deeds of trust and other agreements with bondholders and noteholders. 8149. Negotiable qualities of bonds and notes. 8150. Temporary bonds or notes or interim receipts. Cross References. Subchapter C is referred to in sections 8046, 8103, 8109 of this title. § 8141. Form of bonds or notes. Bonds or notes may be issued in such denominations, in coupon form payable to bearer or registrable as to principal or in fully registered form, with such provisions for exchangeability and interchangeability; shall bear such identifying designation or title, including words indicating whether the bonds or notes are general obligation, revenue, guaranteed revenue or limited guaranty revenue bonds or notes; shall be dated; shall bear such rate or rates of interest, including supplemental, contingent or variable interest, but, if contingent or variable interest is specified, a maximum rate or amount shall also be specified; shall be payable on those dates; may be subject to such provisions for prior redemption in whole or in part or both, at such price or prices and at such times; shall be stated to mature or may be payable in installments on a date or dates and in such amounts; may provide for the payment by the issuer of such tax or taxes on the bonds or notes, either absolutely or out of pledged revenues; and may provide for such pledge of revenues, the establishment of such reserves and other terms, as the governing body of the issuing local government unit may determine by ordinance or ordinances adopted prior to the delivery of the bonds or notes, subject to the limitations and restrictions specified in this subpart.