[§39A-258]  Special purpose revenue bond
anticipation notes.  Whenever the department shall have authorized the
issuance of special purpose revenue bonds under this part, special purpose
revenue bond anticipation notes of the department may be issued in anticipation
of the issuance of the bonds and of the receipt of the proceeds of sale
thereof, for the purpose for which the bonds have been authorized.  All special
purpose revenue bond anticipation notes shall be authorized by the department,
and the maximum principal amount of the notes shall not exceed the authorized
principal amount of the bonds.  The notes shall be payable solely from and
secured solely by the proceeds of the sale of the special purpose revenue bonds
in anticipation of which the notes are issued and the revenues from which would
be payable and by which the bonds would be secured; provided that to the extent
that the principal of the notes shall be paid from moneys other than the
proceeds of sale of the bonds, the maximum amount of bonds in anticipation of
which the notes are issued that has been authorized shall be reduced by the
amount of notes paid in such manner.  The authorization, issuance, and details
of the notes shall be governed by the provision of this part with respect to
special purpose revenue bonds insofar as the same may apply; provided that each
note, together with all renewals and extensions of the note, or refundings of
the note by other notes issued under this section, shall mature within five
years from the date of the original note. [L 2002, c 257, pt of §1]