Examples of Special obligation bonds in a sentence
Special obligation bonds for the Massachusetts Convention Center Authority are not included; although these bonds are obligations of the Commonwealth, they are secured and paid directly by a pledge of dedicated tax and excise revenues related to the convention center projects financed with proceeds of the bonds.
Special obligation bonds are not general obligations of the City, nor in any event shall they give rise to a charge against its general credit or taxing powers or be payable out of any funds or properties other than those sources set forth above.
Special obligation bonds issued pursuant to Chapter 159I of the General Statutes.
Special obligation bonds are collateralized by pledges of lease rental payments from biennial General Fund, Highway Operating Fund, and BWC Administrative Cost Fund appropriations, funds held by trustees pursuant to related trust agreements and other receipts.
Special obligation bonds issued under this Policy, whether privately placed or offered to the public through a competitive sale, must include security for the bonds of a sufficient amount to minimize any risk of default; be sold to qualified investors (as defined by the Securities and Exchange Commission Regulation D) in accordance with the minimum denominations as provided herein.
Special obligation bonds are reported as a liability of the hospital because such debt is payable primarily from the hospital’s pledged revenues.
Special obligation bonds, bond anticipation notes, and refunding bonds issued under Article 3 of this Chapter.
Special obligation bonds are bonds that are payable from the pledge of revenues other than locally levied taxes.
Special obligation bonds issued under the provisions of this section shall not be deemed to constitute a debt of the state or of any political subdivision thereof or a pledge of the faith and credit of the state or of any such political subdivision, but such bonds shall be payable solely from the funds herein provided therefor from pledged property and income therefrom as provided in subdivision (1) of this subsection.
Special obligation bonds issued pursuant to Article 7A of Chapter 159 of the General Statutes.