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  • Article 1 General Provisions.
    • Section 4-3-1 Definitions.
    • Section 4-3-2 Procedure for incorporation.
    • Section 4-3-3 Contents of certificate of incorporation.
    • Section 4-3-4 Execution and recordation of certificate of incorporation.
    • Section 4-3-5 Board of directors of authority.
    • Section 4-3-6 Officers of authority.
    • Section 4-3-7 Immunity of authority and directors from liability for negligence.
    • Section 4-3-8 Exemption of bonds, property and income of authority from taxation; concessionaires, tenants, etc., subject to state and local taxation.
    • Section 4-3-9 Tax or license for use of public streets, etc., leading to or from airport, etc., prohibited.
    • Section 4-3-10 Exemption from state contracting, purchasing and zoning restrictions; zoning powers.
    • Section 4-3-11 Powers of authority generally.
    • Section 4-3-12 Federal and state aid.
    • Section 4-3-13 Assistance and cooperation by counties, municipalities, etc.
    • Section 4-3-14 Issuance and sale of bonds by authority; form, denominations, terms, etc., of bonds.
    • Section 4-3-15 Publication of notice of bond resolution; limitation period for proceedings to challenge validity of bonds, proceedings for issuance, etc.
    • Section 4-3-16 Execution and delivery of bonds.
    • Section 4-3-17 Security for bonds.
    • Section 4-3-18 Use of proceeds from sale of bonds.
    • Section 4-3-19 Refunding bonds.
    • Section 4-3-20 Investment of county, municipal, etc., funds in bonds.
    • Section 4-3-21 Eligibility of bonds as investments for trusts, savings banks, insurance companies, etc.
    • Section 4-3-22 Procedure for dissolution of authority.
    • Section 4-3-23 Certain contracts or legal actions validated.
    • Section 4-3-24 Provisions of article cumulative.
  • Article 2 Alternate Procedure for Incorporation.
    • Section 4-3-40 Definitions.
    • Section 4-3-41 Authority and procedure for incorporation; reincorporation of existing airport authorities.
    • Section 4-3-42 Certificate of incorporation — Contents.
    • Section 4-3-43 Certificate of incorporation — Execution and recordation.
    • Section 4-3-44 Certificate of incorporation — Amendment.
    • Section 4-3-45 Board of directors of authority.
    • Section 4-3-46 Officers of authority; personnel.
    • Section 4-3-47 Powers of authority generally.
    • Section 4-3-48 Receipt, expenditure, etc., of federal, state and local aid.
    • Section 4-3-49 Assistance and cooperation by counties, municipalities, etc.
    • Section 4-3-50 Civil actions against authority, directors, etc.
    • Section 4-3-51 Bonds — Issuance and sale generally; payment of principal and interest generally; form, denominations, terms, etc.
    • Section 4-3-52 Bonds — Publication of notice of bond; limitation period for actions or proceedings to challenge proceedings for issuance of bonds, etc.
    • Section 4-3-53 Bonds — Execution and delivery.
    • Section 4-3-54 Bonds — Security for payment of principal and interest.
    • Section 4-3-55 Bonds — Disposition of proceeds from sale.
    • Section 4-3-56 Refunding bonds.
    • Section 4-3-57 Investment of county or municipal funds in bonds.
    • Section 4-3-58 Eligibility of bonds as investment for trusts, savings banks, insurance companies, etc.
    • Section 4-3-59 Exemption of bonds, property and income of authority from taxation; concessionaires, tenants, etc., of authority subject to state and local taxation; exemption from payment of deed recording fees and roll-back taxes.
    • Section 4-3-60 Exemption from state contracting, purchasing and zoning restrictions; zoning powers.
    • Section 4-3-61 Procedure for dissolution.
    • Section 4-3-62 Provisions of article cumulative.
  • Article 3 Borrowing by Municipalities.


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