43-4-521. Termination of revenue-raising powers.
43 words·~1 min read·
/co/title-43-transportation/article-4-financing/43-4-521·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When all bonds and obligations of an authority have been paid in full and the authority has established a maintenance trust fund sufficient to meet future needs of the authority, all revenue-raising powers granted pursuant to this part 5, including tolls, shall terminate.