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  • SECTION 47
    Bond covenants of an authority
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  • ARTICLE 3
    Municipal Housing Authorities
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  • SECTION 49
    Authority obligations as legal investments and legal security for deposits by public officers
    • This entry was published on 2014-09-22
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    SECTION 48

    Guaranteed indebtedness of an authority

    Public Housing (PBG) CHAPTER 44-A, ARTICLE 3

    § 48. Guaranteed indebtedness of an authority. An authority may
    contract indebtedness and authorize and issue bonds guaranteed by a
    municipality as to principal and interest, or only as to the interest.