§ 35-13-2 Definitions. – As used in this chapter, the following terms have the following meanings,unless the context otherwise requires:
(1) "Authorized officer" means any individual required orpermitted, alone or with others, by any provision of law, or by the issuingpublic entity, to execute on behalf of the public entity a certificatedregistered public obligation or a writing relating to an uncertificatedregistered public obligation.
(2) "Certificated registered public obligation" means aregistered public obligation which is represented by an instrument.
(3) "Code" means the federal Internal Revenue Code of 1986,26 U.S.C. § 1 et seq.
(4) "Facsimile seal" means the reproduction by engraving,imprinting, stamping, or other means of the seal of the issuer, official, orofficial body.
(5) "Facsimile signature" means the reproduction byengraving, imprinting, stamping, or other means of a manual signature.
(6) "Financial intermediary" means a bank, broker, clearingcorporation, or other person, or the nominee of any of them, which in theordinary course of its business maintains registered public obligation accountsfor its customers, when so acting.
(7) "Issuer" means a public entity which issues an obligation.
(8) "Obligation" means an agreement of a public entity to payprincipal and any interest thereon, whether in the form of a contract to repayborrowed money, a lease, an installment purchase agreement, or otherwise, andincludes a share, participation, or other interest in that agreement.
(9) "Official actions" means the actions by statute, order,ordinance, resolution, contract, or other authorized means by which the issuerprovides for issuance of a registered public obligation.
(10) "Official or official body" means:
(i) The officer or board that is empowered under the laws ofone or more states, including this state, to provide for original issuance ofan obligation of the issuer, by defining the obligation and its terms,conditions, and other incidents;
(ii) The successor or successors of the official or officialbody; and
(iii) Such other person or group of persons as shall beassigned duties of the official or official body with respect to a registeredpublic obligation under applicable law from time to time.
(11) "Public entity" means any entity, department, or agencywhich is empowered under the laws of one or more states, territories,possessions of the United States, or the District of Columbia, including thisstate, to issue obligations, any interest with respect to which may, under anyprovision of law, be provided an exemption from the income tax referred to inthe code. The term "public entity" may thus include, without limitation, thisstate, an entity deriving powers from and acting pursuant to the stateconstitution or a special legislative act, a political subdivision, a municipalcorporation, a state university or college, a school or other special district,a joint agreement entity, a public authority, a public trust, a nonprofitcorporation, and other organizations.
(12) "Registered public obligations" means an obligationissued by a public entity pursuant to a system of registration.
(13) "System of registration" and its variants means a planthat provides:
(i) With respect to a certificated registered publication,that:
(A) The certificated registered public obligation specify aperson entitled to the registered public obligation and the rights itrepresents; and
(B) Transfer of the certificated registered public obligationand the rights it represents may be registered upon books maintained for thatpurpose by or on behalf of the issuer; and
(ii) With respect to an uncertificated registered publicobligation, that:
(A) Books maintained by or on behalf of the issuer for thepurpose of registration of the transfer of a registered public obligationspecify a person entitled to the registered public ogligation and the rightsevidenced thereby; and
(B) Transfer of the uncertificated registered publicobligation and the rights evidenced thereby be registered upon the books.
(14) "Uncertificated registered public obligation" means aregistered public obligation which is not represented by an instrument.
§ 35-13-2 Definitions. – As used in this chapter, the following terms have the following meanings,unless the context otherwise requires:
(1) "Authorized officer" means any individual required orpermitted, alone or with others, by any provision of law, or by the issuingpublic entity, to execute on behalf of the public entity a certificatedregistered public obligation or a writing relating to an uncertificatedregistered public obligation.
(2) "Certificated registered public obligation" means aregistered public obligation which is represented by an instrument.
(3) "Code" means the federal Internal Revenue Code of 1986,26 U.S.C. § 1 et seq.
(4) "Facsimile seal" means the reproduction by engraving,imprinting, stamping, or other means of the seal of the issuer, official, orofficial body.
(5) "Facsimile signature" means the reproduction byengraving, imprinting, stamping, or other means of a manual signature.
(6) "Financial intermediary" means a bank, broker, clearingcorporation, or other person, or the nominee of any of them, which in theordinary course of its business maintains registered public obligation accountsfor its customers, when so acting.
(7) "Issuer" means a public entity which issues an obligation.
(8) "Obligation" means an agreement of a public entity to payprincipal and any interest thereon, whether in the form of a contract to repayborrowed money, a lease, an installment purchase agreement, or otherwise, andincludes a share, participation, or other interest in that agreement.
(9) "Official actions" means the actions by statute, order,ordinance, resolution, contract, or other authorized means by which the issuerprovides for issuance of a registered public obligation.
(10) "Official or official body" means:
(i) The officer or board that is empowered under the laws ofone or more states, including this state, to provide for original issuance ofan obligation of the issuer, by defining the obligation and its terms,conditions, and other incidents;
(ii) The successor or successors of the official or officialbody; and
(iii) Such other person or group of persons as shall beassigned duties of the official or official body with respect to a registeredpublic obligation under applicable law from time to time.
(11) "Public entity" means any entity, department, or agencywhich is empowered under the laws of one or more states, territories,possessions of the United States, or the District of Columbia, including thisstate, to issue obligations, any interest with respect to which may, under anyprovision of law, be provided an exemption from the income tax referred to inthe code. The term "public entity" may thus include, without limitation, thisstate, an entity deriving powers from and acting pursuant to the stateconstitution or a special legislative act, a political subdivision, a municipalcorporation, a state university or college, a school or other special district,a joint agreement entity, a public authority, a public trust, a nonprofitcorporation, and other organizations.
(12) "Registered public obligations" means an obligationissued by a public entity pursuant to a system of registration.
(13) "System of registration" and its variants means a planthat provides:
(i) With respect to a certificated registered publication,that:
(A) The certificated registered public obligation specify aperson entitled to the registered public obligation and the rights itrepresents; and
(B) Transfer of the certificated registered public obligationand the rights it represents may be registered upon books maintained for thatpurpose by or on behalf of the issuer; and
(ii) With respect to an uncertificated registered publicobligation, that:
(A) Books maintained by or on behalf of the issuer for thepurpose of registration of the transfer of a registered public obligationspecify a person entitled to the registered public ogligation and the rightsevidenced thereby; and
(B) Transfer of the uncertificated registered publicobligation and the rights evidenced thereby be registered upon the books.
(14) "Uncertificated registered public obligation" means aregistered public obligation which is not represented by an instrument.
§ 35-13-2 Definitions. – As used in this chapter, the following terms have the following meanings,unless the context otherwise requires:
(1) "Authorized officer" means any individual required orpermitted, alone or with others, by any provision of law, or by the issuingpublic entity, to execute on behalf of the public entity a certificatedregistered public obligation or a writing relating to an uncertificatedregistered public obligation.
(2) "Certificated registered public obligation" means aregistered public obligation which is represented by an instrument.
(3) "Code" means the federal Internal Revenue Code of 1986,26 U.S.C. § 1 et seq.
(4) "Facsimile seal" means the reproduction by engraving,imprinting, stamping, or other means of the seal of the issuer, official, orofficial body.
(5) "Facsimile signature" means the reproduction byengraving, imprinting, stamping, or other means of a manual signature.
(6) "Financial intermediary" means a bank, broker, clearingcorporation, or other person, or the nominee of any of them, which in theordinary course of its business maintains registered public obligation accountsfor its customers, when so acting.
(7) "Issuer" means a public entity which issues an obligation.
(8) "Obligation" means an agreement of a public entity to payprincipal and any interest thereon, whether in the form of a contract to repayborrowed money, a lease, an installment purchase agreement, or otherwise, andincludes a share, participation, or other interest in that agreement.
(9) "Official actions" means the actions by statute, order,ordinance, resolution, contract, or other authorized means by which the issuerprovides for issuance of a registered public obligation.
(10) "Official or official body" means:
(i) The officer or board that is empowered under the laws ofone or more states, including this state, to provide for original issuance ofan obligation of the issuer, by defining the obligation and its terms,conditions, and other incidents;
(ii) The successor or successors of the official or officialbody; and
(iii) Such other person or group of persons as shall beassigned duties of the official or official body with respect to a registeredpublic obligation under applicable law from time to time.
(11) "Public entity" means any entity, department, or agencywhich is empowered under the laws of one or more states, territories,possessions of the United States, or the District of Columbia, including thisstate, to issue obligations, any interest with respect to which may, under anyprovision of law, be provided an exemption from the income tax referred to inthe code. The term "public entity" may thus include, without limitation, thisstate, an entity deriving powers from and acting pursuant to the stateconstitution or a special legislative act, a political subdivision, a municipalcorporation, a state university or college, a school or other special district,a joint agreement entity, a public authority, a public trust, a nonprofitcorporation, and other organizations.
(12) "Registered public obligations" means an obligationissued by a public entity pursuant to a system of registration.
(13) "System of registration" and its variants means a planthat provides:
(i) With respect to a certificated registered publication,that:
(A) The certificated registered public obligation specify aperson entitled to the registered public obligation and the rights itrepresents; and
(B) Transfer of the certificated registered public obligationand the rights it represents may be registered upon books maintained for thatpurpose by or on behalf of the issuer; and
(ii) With respect to an uncertificated registered publicobligation, that:
(A) Books maintained by or on behalf of the issuer for thepurpose of registration of the transfer of a registered public obligationspecify a person entitled to the registered public ogligation and the rightsevidenced thereby; and
(B) Transfer of the uncertificated registered publicobligation and the rights evidenced thereby be registered upon the books.
(14) "Uncertificated registered public obligation" means aregistered public obligation which is not represented by an instrument.
