Tax anticipation notes shall be issued in such denomination, shall be subject to such rights of prior redemption, shall have such privileges of interchange and registration, shall be dated, shall be stated to mature on such dates and in such amounts, shall be in registered or bearer form with or without coupons or in certificated or book-entry-only form, shall be payable in such medium of payment and shall be payable at such place or places, all as the loan committee, by a majority of its members, may determine.
53 P.S. § 12720.404