33-1118. Compliance with statute is notice of exercise of option.
51 words·~1 min read·
/id/title-33-education/chapter-11-school-bonds/33-1118·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A compliance with the provisions of section
33-1117
shall be deemed sufficient notice to the owner or owners of such bonds that the school district has exercised its option to pay and redeem the bonds described, and interest thereon shall cease at the redeemable or callable date named in the notice.