§ 35-13-12. Applicability of chapter.
(a) Unless at any time prior to or at original issuance of a registered public obligation
the official or official body of the issuer determines otherwise, this chapter shall
be applicable to that registered public obligation notwithstanding any provision of
law to the contrary. When this chapter is applicable, no contrary provision shall
apply.
(b) Nothing in this chapter limits or prevents the issuance of obligations in any other
form or manner authorized by law.
(c) Unless determined otherwise pursuant to subsection (a)
Free access — add to your briefcase to read the full text and ask questions with AI
§ 35-13-12. Applicability of chapter.
(a) Unless at any time prior to or at original issuance of a registered public obligation
the official or official body of the issuer determines otherwise, this chapter shall
be applicable to that registered public obligation notwithstanding any provision of
law to the contrary. When this chapter is applicable, no contrary provision shall
apply.
(b) Nothing in this chapter limits or prevents the issuance of obligations in any other
form or manner authorized by law.
(c) Unless determined otherwise pursuant to subsection (a), the provisions of this chapter
shall be applicable with respect to obligations which have, prior to May 18, 1983,
been approved by vote, referendum, or hearing, authorizing or permitting the authorization
of obligations in bearer and registered form, or in bearer form only, and these obligations
need not be resubmitted for a further vote, referendum, or hearing, for the purpose
of authorizing or permitting the authorization of registered public obligations pursuant
to this chapter.