1-16A-48. Additional bonds for facilities or HEAL loans--Protection of prior bondholders.
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/sd/title-1/chapter-1-16/1-16a-48A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Issuance by the authority of one or more series of bonds for one or more purposes shall not preclude it from issuing other bonds in connection with the same facilities or HEAL loans or any other facilities or HEAL loans or any other purpose hereunder, but the resolutions or trust indenture whereunder any subsequent bonds may be issued shall recognize and protect any prior pledge or mortgage made for any prior issue of bonds.