§206M-14 - Status of special purpose revenue bonds under the Uniform Commercial Code.
§206M-14 Status of special purpose revenue
bonds under the Uniform Commercial Code. Notwithstanding any of the
provisions of this chapter or any recital in any special purpose revenue bond
issued under this chapter, all such special purpose revenue bonds shall be
deemed to be investment securities under the Uniform Commercial Code, chapter
490, subject only to the provisions of the special purpose revenue bonds
pertaining to registration. [L 1983, c 152, pt of §2; am L 2000, c 72, §18]