§ 17-5-1514

17-5-1514. Accounts. The board may create funds and accounts necessary to implement this part. The funds and accounts may include: (1) a fund into which bond proceeds are deposited; (2) a common bond fund consisting of: (a) a common debt service account; (b) a capital reserve account as provided in 17-5-1515; and (c) an operating account for defraying the operational costs of the board; and (3) other funds or accounts. History: En. Sec. 12, Ch. 686, and Sec. 14, Ch. 701, L. 1983; amd Sec. 48, Ch. 281, L. 1983.