§1157.1.  Approval by State Bond Commission

Any proposed instrument which provides security for the payment of bonds issued by the corporation shall be approved by the State Bond Commission.  The issuance and sale of any bonds by the corporation shall also be approved by the State Bond Commission.

Added by Acts 1977, No. 696, §1.  Acts 1984, No. 631, §1, eff. July 12, 1984; Acts 2014, No. 549, §2, eff. July 1, 2014.

{{NOTE:  SEE ACTS 1984, NO. 631, §2.}}