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<section article="gen" article_name="Environment" number="9-685" title_number="9" title_name="Water, Ice, and Sanitary Facilities" subtitle_number="6" subtitle_name="Sanitary Commissions">
  <level label="a">
    <text>Before a district issues any bonds:</text>
    <level label="1">
      <text>The sanitary commission shall make the determinations required by this section; and</text>
    </level>
    <level label="2">
      <text>After the sanitary commission makes the determinations, the district shall issue the bonds in accordance with the determinations.</text>
    </level>
  </level>
  <level label="b">
    <text>The sanitary commission:</text>
    <level label="1">
      <text>Shall determine the form of the bonds;</text>
    </level>
    <level label="2">
      <text>Shall determine the manner of execution of the bonds;</text>
    </level>
    <level label="3">
      <text>Shall determine the denominations of the bonds;</text>
    </level>
    <level label="4">
      <text>Shall determine the place, which may be any bank or trust company, where the principal and interest of the bonds will be paid;</text>
    </level>
    <level label="5">
      <text>Shall determine whether interest coupons will be attached to the bonds and, if so, the form of the coupons;</text>
    </level>
    <level label="6">
      <text>May determine whether the bonds will be issued in:</text>
      <level label="i">
        <text>Coupon form;</text>
      </level>
      <level label="ii">
        <text>Registered form; or</text>
      </level>
      <level label="iii">
        <text>Coupon form and registered form;</text>
      </level>
    </level>
    <level label="7">
      <text>May determine whether coupon form bonds will be registered as to:</text>
      <level label="i">
        <text>Principal; or</text>
      </level>
      <level label="ii">
        <text>Principal and interest;</text>
      </level>
    </level>
    <level label="8">
      <text>May determine a method for reconverting into coupon form bonds any bonds that are registered as to principal and interest;</text>
    </level>
    <level label="9">
      <text>May determine whether the district will redeem bonds before maturity, and if so, shall specify:</text>
      <level label="i">
        <text>The terms and conditions the sanitary commission will impose as to redemption before maturity; and</text>
      </level>
      <level label="ii">
        <text>The method the sanitary commission will use in determining the prices the district will pay to redeem bonds before maturity;</text>
      </level>
    </level>
    <level label="10">
      <text>Shall determine any other condition, term, or provision as to the bonds that the sanitary commission is required to make under this subtitle; and</text>
    </level>
    <level label="11">
      <text>May determine any other condition, term, or provision as to the bonds that the sanitary commission is allowed to make under this subtitle.</text>
    </level>
  </level>
</section>
