12-8,104.   Same; mortgages and deeds of trust ofproperty and franchises.For the security of bonds or notes issued or to be issued by a municipalenergy agency, the municipal energy agency may mortgage or execute deedsof trust of the whole or any part of its property and franchises. Any mortgageor deed of trust covering the whole or any part of easements or other interestsin real estate less than fee simple used in the generation or transmissionof electric power, and covering fixtures annexed thereto, may be filed inthe office of the secretary of state with or as a part of the financingstatement covering the fixtures.

      History:   L. 1977, ch. 48, § 20;L. 2005, ch. 164, § 3; Apr. 21.