Use of bonds to pay taxes.

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The governing body of the issuer may provide in the proceedings taken in connection with the issuance of refunding bonds that either the bonds or the coupons shall be receivable for taxes due to the issuer during the year in which they respectively mature.

HISTORY: 1962 Code Section 1-697; 1952 Code Section 1-697; 1951 (47) 755.


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