| | | 2.__Pledging unencumbered revenues or assets of board.__ | | Pledging all or any part of the unencumbered revenues or assets | | of the board to secure the payment of the securities or any issue | | of securities, subject to such agreements with holders of | | securities as may then exist; |
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| | | 3.__Setting aside reserves or sinking funds.__Setting aside | | reserves or sinking funds and the regulation and disposition of | | the funds; |
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| | | 4.__Limitations on use of proceeds of sale of securities.__ | | Limitations on the use to which the proceeds of the sale of | | securities may be applied and pledging those proceeds to secure | | the payment of the securities or of any issue of securities; |
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| | | 5.__Limitations on issuance of additional securities.__ | | Limitations on the issuance of additional securities, the terms | | upon which additional securities may be issued and secured and | | refunding outstanding or other securities; |
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| | | 6.__Amendment or abrogation of contract terms; procedure.__The | | procedure, if any, by which the terms of any contract with | | holders of securities may be amended or abrogated, the amount to | | which the holders of securities must consent and how that consent | | may be given; |
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| | | 7.__Limitations on money expended by authority for expenses. | | Limitations on the amount of money to be expended by the board | | for operating, administrative or other expenses of the board; |
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| | | 8.__Vesting of rights in trustee; powers and duties in trust.__ | | Vesting a trustee or trustees with such property, rights, powers | | and duties in trust as the board may determine, which may include | | any or all of the rights, powers and duties of the trustee | | appointed for the holders of securities issued pursuant to this | | Act; |
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| | | 9.__Default.__Defining the acts or omissions to act that | | constitute a default in the obligations and duties of the board | | to the holders of the securities and providing for the rights and | | remedies of the holders of the securities in the event of that | | default, including as a matter of right the appointment of a | | receiver, but only if the rights and remedies are not | | inconsistent with the general laws of the State and this Act; and |
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| | | 10.__Other matters.__Matters other than those stated in this | | section that in any way affect the security or protection of the | | holders of the securities. |
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