Rhode Island § 45-27-3 § 45-27-3. Authorization, form, and terms of bonds.

Rhode Island Statutes

§ 45-27-3 — § 45-27-3. Authorization, form, and terms of bonds.

Rhode Island·Title 45 Towns and cities·Ch. 45-27 Housing Authority Bonds and Obligations

§ 45-27-3. Authorization, form, and terms of bonds.
The bonds of the authority are authorized by its resolution, and issued in one or
            more series, and bearing a date or dates, maturing at a time or times (not exceeding
            sixty (60) years from their respective dates), bearing interest at a rate or rates
            (not exceeding six percent (6%) per annum payable semiannually), in denominations
            (which may be made interchangeable), in forms, either coupon or registered, carrying
            registration privileges, executed in a manner, payable in a medium of payment, at
            a place or places, and subject to any terms of redemption (with or without premium)
            that the r

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§ 45-27-3. Authorization, form, and terms of bonds.

The bonds of the authority are authorized by its resolution, and issued in one or more series, and bearing a date or dates, maturing at a time or times (not exceeding sixty (60) years from their respective dates), bearing interest at a rate or rates (not exceeding six percent (6%) per annum payable semiannually), in denominations (which may be made interchangeable), in forms, either coupon or registered, carrying registration privileges, executed in a manner, payable in a medium of payment, at a place or places, and subject to any terms of redemption (with or without premium) that the resolution or its trust indenture or mortgage may provide.

Rhode Island § 45-27-3 (§ 45-27-3. Authorization, form, and terms of bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.