Section 41-7-909 - Allocation of Designated Revenue; for Bonds Payable From Revenue or Assessments

41-7-909. Allocation of designated revenue; for bonds payable from revenue or assessments. (a) The allocation may be for either or both: (i) Payment of the whole or any part of the principal or interest or both of any bonds payable solely from revenue; (ii) As additional security for the payment of the whole or any part of the principal or interest or both of any bonds payable from assessments.