7-14-1637. Debt service fund.
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/mt/title-7/chapter-14/part-16/7-14-1637·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
7-14-1637 . Debt service fund. An authority may create a debt service fund and accumulate in the fund a sum determined by the directors, together with the interest on the sum, for the use, repair, maintenance, and capital outlay expenses of a railroad.