TITLE 7. LOCAL GOVERNMENT

CHAPTER 14. TRANSPORTATION

Part 11. Port Authorities

Debt Service Fund

7-14-1135. Debt service fund. A port authority may create a debt service fund and accumulate therein a sum determined by the governing body, together with interest thereon, for the use, repairs, maintenance, and capital outlays of a port.

History: En. Sec. 15, Ch. 456, L. 1985.