Single issue of bonds may cover several applications.

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If it shall happen that more than one application by State institutions shall receive the approvals required by Sections 59-107-50 to 59-107-70, at approximately the same time, the State institution bonds in an amount equal to the aggregate of the approved applications may be issued as a single issue.

HISTORY: 1962 Code Section 22-28; 1953 (48) 169.


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