11-7-92. Commission power to issue bonds--Refunding bonds.
46 words·~1 min read·
/sd/title-11/chapter-11-7/11-7-92A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A commission shall have power to issue bonds from time to time in its discretion, for any of its corporate purposes. A commission shall also have power to issue refunding bonds for the purpose of paying or retiring bonds, including interest thereon, previously issued by it.