Payments from general fund of municipality.

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9-42-12.1. Payments from general fund of municipality.

If progress payments or final payment become due under the provisions of §9-42-12 and if the improvements are to be financed by bonds authorized under the provisions of chapter 9-44 and the bonds have not been sold, the municipality may transfer the necessary funds from general funds in order to make the payments.

Source: SL 1981, ch 74.


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