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otherwise against the authority irrespective of whether those | parties have notice of that lien.__Neither the resolution, trust | indenture nor any other instrument by which a pledge is created | need be recorded. |
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| The authority may, in the resolution authorizing prospective | issues, provide as to those bonds: |
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| A.__The manner of executing the bonds and coupons; |
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| B.__The form and denomination of the bonds; |
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| C.__Maturity dates not more than 25 years from the date or | dates of issuance, excluding the period, if any, during | which__bond anticipation notes are outstanding; |
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| D.__The interest rate or rates on the bonds, which may be | fixed or variable or a combination of both; |
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| E.__For the redemption prior to maturity and the premium | payable for the bonds; |
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| F.__The place or places for the payment of interest and | principal; |
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| G.__For registration if the authority determines it to be | desirable; |
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| H.__For the pledge of all or any of the operating revenues | of the East-West Highway for securing payment; |
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| I.__For the replacement of lost, destroyed or mutilated | bonds; |
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| J.__The setting aside of revenue and sinking funds and the | regulation and disposition of these revenues and funds and | for limitations on reserves, if any, established for capital | outlay from operating revenues; |
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| K.__For limitations on the issuance of additional bonds; |
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| L.__For the procedure, if any, by which the contract with | the bondholders may be abrogated or amended; |
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| M.__For the manner of sale, which may be public or private, | and purchase of the bonds; |
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| N.__For covenants against pledging any or certain parts of | the operating revenues of the East-West Highway; |
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