Condition precedent to validity of tax anticipation notes

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No tax anticipation note shall be valid or obligatory in the hands of an original purchaser until certified copies of the authorizing and awarding resolution, the certificate as to the taxes and revenues remaining to be collected and a true copy of the accepted proposal for the purchase of the tax anticipation notes shall have been filed with the department. No approval by the department shall be required.

Cross References. Section 8128 is referred to in sections 8201, 8208, 8209 of this title.


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