Section 9-936 - Limitations on Issuance of Additional Bonds

(a) If an authority considers it necessary, the authority may include any limitation or restriction on the issuance of additional bonds: (1) In the resolution that provides for the issuance of bonds of the authority; or (2) In any trust agreement that secures the bonds. (b) If a resolution or trust agreement places any limitation or restriction on the issuance of additional bonds, the authority shall honor the limitation or restriction when the authority issues additional bonds.