Municipal Bond Act definition

Municipal Bond Act means Title 5, Chapter 21, Article 5, Code of Laws of South Carolina 1976, as amended.
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Municipal Bond Act means collectively Title 5, Chapter 21, Article 5 and Title 11, Chapter 27 of the South Carolina Code.
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Examples of Municipal Bond Act in a sentence

  • The Board of County Commissioners may issue bonds under the provisions of the Utah Municipal Bond Act to pay any costs incurred for the purposes set forth above and may pledge the entire proceeds of the tax provided for in this Article to the payment of principal, interest, premiums and necessary reserves for any such bonds.

  • Bond counsel must provide an opinion that the bonds are legal and binding under applicable Utah law (including, if applicable, the Utah Municipal Bond Act).

  • The Municipal Bond Act requires that an election be held prior to the issuance of general obligation bonds.

  • Title 11, Chapter 27 of the South Carolina Code as amended, provides that if an election be prescribed by the provisions of the Municipal Bond Act, but is not required by the provisions of Article X of the Constitution, then in every such instance, no election need be held (notwithstanding the requirement therefor) and the remaining provisions of the Municipal Bond Act shall constitute a full and complete authorization to issue bonds in accordance with such remaining provisions.

  • The Municipal Bond Act provides that as a condition precedent to the issuance of bonds an election be held and the result be favorable thereto.

  • Being aware of other activities afforded by a place may also play a prominent role as those activities could fit into the touring cyclist intentions or preferences.

  • Pursuant to the Municipal Bond Act, the municipal council of any municipality may issue general obligation bonds of such municipality for any corporate purpose of such municipality to any amount not exceeding the constitutional debt limit applicable.

  • The procedures for bond approval will be substantially the same as required by the Utah Municipal Bond Act as it applies to cities and towns.

  • Bond IssueIn accordance with Belize City Council (Municipal Bond) Act, 2012 (the Bond Act), the Council issued Municipal Bonds in 2012 and 2013 in the aggregate amount of $19.97m, which mature in installments (serial bonds) ranging over a period of 2 years to 10 years, with interest rates varying from 3½% to 8% per annum.

  • The procedures for bond approval will be substantially the same as required by the Utah Municipal Bond Act.

Related to Municipal Bond Act

  • Municipal bond means a bond or evidence of indebtedness issued by a municipality or other political subdivision of a state.

  • Municipal Bonds means "Municipal Bonds" as defined in the Corporation's Registration Statement on Form N-2 (File No. 333-_____) relating to the AMPS on file with the Securities and Exchange Commission, as such Registration Statement may be amended from time to time, as well as short-term municipal obligations, High Yield Municipal Bonds and Inverse Floaters.

  • Bond Act means the California Water Resources Development Bond Act, comprising Chapter 8 (commencing at Section 12930) of Part 6 of Division 6 of the Water Code.

  • Municipal Act means the Municipal Act, 2001, S.O. 2001, c. 25, as amended;

  • Municipal Property Rates Act means the Local Government: Municipal Property Rates Act, 2004 (Act No. 6 of 2004);

  • Tax Exempt Bond-Financed Development means a Development which has been financed by the issuance of tax-exempt bonds subject to applicable volume cap pursuant to Section 42(h)(4) of the IRC.

  • Municipal Code means the Municipal Code of Chicago.

  • Municipal waste means solid waste that includes garbage, refuse, and trash generated by households, motels, hotels, and recreation facilities, by public and private facilities, and by commercial, wholesale, and private and retail businesses. The term does not include special waste or industrial waste.

  • Municipal utility means a public utility owned and

  • the 2009 Act means the Marine and Coastal Access Act 2009;

  • Municipal security means a secu- rity that is a direct obligation of or issued by, or an obligation guaranteed as to principal or interest by, a State or any political subdivision thereof, or any agency or instrumentality of a State or any political subdivision thereof, or any municipal corporate in- strumentality of one or more States or political subdivisions thereof.

  • Flood Insurance Regulations means (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 (amending 42 USC 4001, et seq.), as the same may be amended or recodified from time to time, and (iv) the Flood Insurance Reform Act of 2004 and any regulations promulgated thereunder.

  • Municipal means of or relating to a municipality.

  • Bond Ordinance means this ordinance authorizing the issuance of the Bonds.

  • Municipal entity means (a) a company, co-operative, trust, fund or any other corporate entity established in terms of any applicable national or provincial legislation, and which operates under the ownership control of one or more municipalities; or (b) a service utility.

  • Municipal Engineer means the engineer for the Municipality or such person or persons designated in writing from time to time by the Municipality.

  • Municipal Planning Tribunal means the Municipal Planning Tribunal for the municipal area established in terms of section 33, the joint Municipal Planning Tribunal established in terms of section 45 or the District Municipal Planning Tribunal established in terms of section 49;

  • 2012 Act means the Health and Social Care Act 2012;

  • municipal council or "council" means the council of a municipality referred to in section 18 of the Municipal Structures Act;

  • 1990 Act means the Companies Act 1990.

  • Municipal Pay Point means any municipal office in the area of jurisdiction of the Municipality designated by Council for such purposes, or any such other places as the Chief Financial Officer may from time to time designate.

  • Municipal Revitalization Index means the 2007 index by the

  • municipal debt instrument means any note, bond, debenture or other evidence of indebtedness issued by a municipality, including dematerialised or electronic evidence of indebtedness intended to be used in trade;

  • Municipal tariff means a tariff for services which a municipality may set for the provision of a service to the local community, and includes a surcharge on such tariff;

  • the 2006 Act means the National Health Service Act 2006;

  • municipal area means the area of jurisdiction of the municipality demarcated in terms of the Local Government: Municipal Demarcation Act 1998 (Act No 27 of 1998);