Authority to issue bonds

24-21-405. Authority to issue bonds. The board may, by resolution, authorize and issue revenue bonds that are payable only from the money in the fund. Bonds may be issued only after approval by both houses of the general assembly acting either by bill or joint resolution and after approval by the governor in accordance with section 39 of article V of the state constitution. Source: L. 2016: Entire part added, (SB 16-115), ch. 356, p. 1481, � 3, effective June 10.