9-44-5. Covenants with bondholders authorized.
48 words·~1 min read·
/sd/title-9/chapter-9-44/9-44-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In and by the resolution authorizing municipal improvement bonds, the governing body may on behalf of the municipality make any or all of the covenants described in §§ 9-44-6 to 9-44-8 , inclusive, with and for the benefit of the holders from time to time of said bonds.