§41-10-510. Bonds and coupons deemed negotiable instruments.  


Latest version.
  • All bonds issued by the authority shall be construed to be negotiable instruments even though they are payable from a limited source. All coupons applicable to any bonds issued by the authority shall likewise be construed to be negotiable instruments although payable from a limited source.

(Acts 1990, No. 90-603, p. 1094, §21.)