(a) A State unit authorized to issue bonds may issue bonds: (1) in coupon form; or (2) notwithstanding any other provision of law, in a form that qualifies as a registered form under §§ 103 and 149 of the Internal Revenue Code or a regulation proposed or adopted under those sections. (b) Whenever a State unit provides for the sale of bonds in registered form, the State unit may: (1) establish procedures for the registration and transfer of the bonds; (2) appoint any agent, including an authenticating trustee, corporate trustee, paying agent, registrar, or transfer agent; (3) in connection with the establishment and maintenance of a central depository system for the transfer or pledge of the bonds, make agreements with: (i) custodian banks and their nominees; or (ii) financial intermediaries and their nominees; and (4) exercise any other power that relates to issuance of bonds in registered form.