3-58-2. Authority to utilize revenues.
50 words·~1 min read·
/nm/chapter-3-municipalities/article-58-economic-development-promotion/3-58-2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The governing board of any municipality or county may budget and utilize revenues for economic development promotion only upon approval by a majority of all of the members of the governing board.
History: 1953 Comp., § 14-59-2, enacted by Laws 1968, ch. 68, § 2; 1981, ch. 80, § 1.