Resolution prescribing terms; maturity

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RS 565 - Resolution prescribing terms; maturity

The governing authority issuing the bonds, shall by resolution fix the times within the maximum period prescribed hereby, when the bonds shall become payable. The bonds shall be payable in such annual installments beginning in such number of years following the date thereof as may be determined by the governing authority.

NOTE: §565 as repealed by Acts 2018, No. 569, eff. July 1, 2021.

RS 565 - Repealed by Acts 2018, No. 569, §2, eff. July 1, 2021.

Amended by Acts 1962, No. 129, §1; Acts 2018, No. 569, §2, eff. July 1, 2021.


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