Section 1020-J. Notes of the authority  


Latest version.
  • The authority shall have the power
      and is hereby authorized from time to time to issue its negotiable notes
      in  conformity with applicable provisions of the uniform commercial code
      for any corporate purpose and to refund from time to time any  notes  by
      the issuance of new notes, whether the notes to be refunded have or have
      not  matured. The authority may issue notes partly to refund notes or to
      discharge other obligations then outstanding and partly  for  any  other
      corporate  purpose  of the authority. The notes may be authorized, sold,
      executed and delivered in the same manner as bonds.  Any  resolution  or
      resolutions  authorizing notes of the authority or any issue thereof may
      contain any provisions which the authority is authorized to  include  in
      any  resolution or resolutions authorizing bonds of the authority or any
      issue thereof, and the authority may include in  any  notes  any  terms,
      covenants or conditions which it is authorized to include in any bonds.
        * NB There are 2 § 1020-j's