36-7 - Loans and donations to housing authority.

§ 36-7. Loans and donations to housing authority.

Any city, town or county located in whole or in part within the area ofoperation of a housing authority shall have the power from time to time tolend or donate money to such authority to enable or assist such authority tocarry out its purposes or to agree to take such action, and may issue bondsto provide funds therefor.

(1938, p. 458; Michie Code 1942, § 3145(22); 1983, c. 68.)