(a)   Bonds of an authority shall be authorized by its resolution and may be
issued in one or more series and shall bear such date or dates, mature
at such time or times, bear interest at such rate or rates, be in such
denomination or denominations, be in such form, either coupon or
registered, carry such conversion or registration privileges, have such
rank or priority, be executed in such manner, be payable in such medium
of payment, at such place or places, and be subject to such terms of
redemption (with or without premium) as such resolution, its trust
indenture, or mortgage may provide.
  (b)   Bonds may be sold either at public or private sale in such manner and
upon such terms as shall be authorized by resolution of the authority.
  (c)   If any of the commissioners or officers of the authority whose
signatures appear on any bonds or coupons shall cease to be such
commissioners or officers before the delivery of such bonds, such
signatures shall, nevertheless, be valid and sufficient for all
purposes, the same as if they had remained in office until such
delivery. Any provision of any law to the contrary notwithstanding, any
bonds issued pursuant to this article shall be fully negotiable.
  (d)   Any bond reciting in substance that it has been issued by an authority
to aid in financing a housing project to provide dwelling
accommodations for persons of eligible income shall be conclusively
deemed, in any suit, action, or proceeding involving the validity or
enforceability of such bond or the security therefor, to have been
issued for a housing project of such
character.
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