[ §201H-88] Authorization to secure lines of credit or other instruments of indebtedness.
76 words·~1 min read·
/hi/201h-88A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[ §201H-88] Authorization to secure lines of credit or other instruments of indebtedness. The corporation, subject to legislative approval, may secure a line of credit or other instrument of indebtedness to be used to meet the requirements of federal tax law for the bond volume cap recycling program; provided that the term of the authorized line of credit or other instrument of indebtedness shall correspond to each fiscal biennium budget period. [L 2024, c 35, §2]