85-9-628. Bond registration -- copy to county.

135 words·~1 min read·/mt/title-85/chapter-9/part-6/85-9-628

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85-9-628 . Bond registration -- copy to county.

(1)When duly executed, all bonds issued under this chapter must be registered by the county treasurer of the county in which the largest portion of the taxable valuation of real property of the district is located. The bonds must be registered in a book provided for that purpose before being delivered to the purchaser.

(2)The registration must show:

(a)the number and amount of each bond;

(b)the date of issue and date redeemable;

(c)the name of the purchaser;

(d)the amount and due date of all payments required on the bonds.

(3)The directors shall provide the county treasurer with an unsigned and canceled printed copy of each issue of bonds of the district. The copy must be preserved in the treasurer's office.