6-8B-58. Issuance of credit enhancement obligation--Findings and determinations of chapter 1-16A.
63 words·~1 min read·
/sd/title-6/chapter-6-8/6-8b-58·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any resolution or ordinance of a municipality or county approving the issuance of a credit enhancement obligation shall require that the health and educational facilities authority make the findings and determinations required by chapter 1-16A with respect to the credit enhancement obligation prior to the issuance and delivery of the credit enhancement obligation and the bonds or other obligations to be secured thereby.