Revenue Bonds; Resolution; Interest; Maturity

Checkout our iOS App for a better way to browser and research.

Sec. 6. The revenue bonds must be authorized by resolution of the board. The bonds:

(1) bear interest payable semiannually; and

(2) mature serially, either annually or semiannually, at times determined by the resolution authorizing the bonds.

As added by P.L.386-1987(ss), SEC.21.


Download our app to see the most-to-date content.