53 chapters · 855 sections in this title.
2 CMC § 2172 Ports Authority: Issuance of Bonds
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Ports Authority: Issuance of Bonds. (a) In addition to its power to borrow as set forth in 2 CMC § 2171, the authority may authorize and issue the following types of bonds (including notes and other evidences of indebtedness) for the following purposes: (1) Revenue bonds for the …
2 CMC § 2173 Ports Authority: Bonds as Authorized Investments
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Ports Authority: Bonds as Authorized Investments. All bonds issued under this chapter shall be and are hereby declared to be legal and authorized investments for banks, savings banks, trust companies, fiduciaries, trustees and guardians, and for any sinking funds of all political…
2 CMC § 2174 Commonwealth Ports Authority Fund
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Commonwealth Ports Authority Fund. (a) There is hereby established a fund that shall be known as the “Commonwealth Ports Authority Fund,” to be maintained separate and apart from other funds of the Commonwealth by the authority, and independent records and accounts shall be maint…
2 CMC § 2175 Designation of Depository for Authority
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Designation of Depository for Authority. The board shall designate one or more banks within the Commonwealth to serve as depository for the funds of the authority. All funds of the authority shall be deposited in the depository bank or banks, except that funds required as securit…