7-7-4302. Applicability of certain other bond provisions.
121 words·~1 min read·
/mt/title-7/chapter-7/part-43/7-7-4302·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
7-7-4302 . Applicability of certain other bond provisions.
(1)The provisions of 7-7-4201 through 7-7-4206 , 7-7-4208 through 7-7-4210 , 7-7-4255 through 7-7-4266 , 7-7-4268 through 7-7-4270 , and 7-7-4272 through 7-7-4274 apply to refunding bonds issued under this part; however, the city or town council may at its option sell bonds issued under this part at a private negotiated sale or at a public sale conducted pursuant to the provisions of 7-7-4251 , 7-7-4252 , and 7-7-4254 .
(2)If a refunding bond issue refunds only a portion of an outstanding bond issue, the unrefunded portion of the outstanding bond issue and the refunding bond issue must be treated as a single bond issue for the purposes of 7-7-4210 .