[§39A‑318]  Special purpose revenuebond anticipation notes.  Whenever the department has authorized theissuance of special purpose revenue bonds under this part, special purposerevenue bond anticipation notes of the department may be issued in anticipationof the issuance of the bonds and of the receipt of the proceeds of sale of thebonds, for the purposes for which the bonds have been authorized.  All specialpurpose revenue bond anticipation notes shall be authorized by the department,and the maximum principal amount of the notes shall not exceed the authorizedprincipal amount of the bonds.  The notes shall be payable solely from andsecured solely by the proceeds of sale of the special purpose revenue bonds inanticipation of which the notes are issued and the revenues from which would bepayable and by which the bonds would be secured; provided that to the extentthat the principal of the notes shall be paid from moneys other than theproceeds of sale of the bonds, the maximum amount of bonds in anticipation ofwhich the notes are issued that has been authorized shall be reduced by theamount of notes paid in such manner.  The authorization, issuance, and thedetails of the notes shall be governed by this part with respect to specialpurpose revenue bonds insofar as the same may be applicable; provided that eachnote, together with all renewals and extensions thereof, or refundings thereofby other notes issued under this section, shall mature within five years fromthe date of the original note. [L 2006, c 148, pt of §1]