49-3-1212 - Exclusive power of authority to issue bonds for school credit bond project.

49-3-1212. Exclusive power of authority to issue bonds for school credit bond project.

The authority shall have power and is authorized to issue its negotiable bonds for a school credit bond project, as such term is defined in § 49-3-1202.  Bonds for school credit bond projects may be issued only by the authority.

[Acts 2009, ch. 601, § 11.]