Section 44.83.384. Use of fund balance.

   (a) The fund may be used by the authority to provide money for
        (1) the defeasance of bonds, or the payment of debt service on loans for or on an issue of bonds sold in connection with a power project constructed or acquired before August 11, 1993;
        (2) the cost of operating and maintaining power projects constructed or acquired before August 11, 1993; and
        (3) debt service on power projects constructed or acquired before August 11, 1993.
   (b)   [Repealed Sec. 28 ch 18 SLA 1993].
   (c)   [Repealed, Sec. 28 ch 18 SLA 1993]. 

Notes

History

(Sec. 1 ch 118 SLA 1981; am Sec. 12 ch 133 SLA 1982; am Sec. 14, 15 ch 89 SLA 1983; am Sec. 14, 28 ch 18 SLA 1993)