46-3-142
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46-3-142.
The
authority may appoint one or more paying agents for each issue or series or
installment of bonds. Every such paying agent shall be an incorporated bank or
trust company authorized by the laws of the United States or of the state in
which it is located to do a banking or trust business. The authority may make
such provisions respecting paying agents as it deems necessary or useful and may
enter into a contract with any paying agents containing such terms, including
its compensation, and such conditions in regard to the paying agents as the
authority deems necessary or useful.