Section 72-17-52 - Payment recital in securities

Each security issued hereunder shall recite in substance that the security and the interest thereon are payable solely from the revenues or other moneys pledged to the payment thereof. Securities specifically pledging the full faith and credit of the authority for their payment shall so state. History: 1953 Comp., § 75-38-52, enacted by Laws 1967, ch. 156, § 52.