participating in the corporation, in order to finance the |
facilities, revenue obligation securities issued in accordance with |
Title 10, chapter 110, subchapter IV 4, and any other bonds, notes |
or debt obligations that municipalities are authorized to issue by |
applicable law. For these purposes, the term "municipal officers" |
as used in Title 10, chapter 110, subchapter IV 4, means the board |
of directors of any corporation described in this subsection. |
Title 10, section 1064, subsection 6, may not be construed to |
prohibit the assignment or pledge as collateral security of any |
contract of a municipality authorized by this section or of any or |
all of the payments under this section, regardless of whether the |
provisions of subsection 4, paragraph C, are applicable to the |
contract or payments. The provisions of Title 10, sections 1063 |
and 1064, subsection 1, paragraph A and paragraph C, subparagraph |
(4) do not apply to revenue obligation securities issued by any |
public waste disposal corporation described in this subsection. |