§ 11-317. Powers -- Borrowing authority

Latest version.

   The authority may:

   (1) borrow money to finance costs of a project or for any other corporate purpose of the authority;

   (2) mortgage or otherwise encumber its property or revenues for the loan; and

   (3) combine projects for financing.

HISTORY: An. Code 1957, art. 83A, § 5-1705(11), (12); 2008, ch. 306, § 2.

                    
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