GroundRules
7-7-4206: Redemption of bonds.
Where this section sits in the code
- TITLE 7. LOCAL GOVERNMENT
- CHAPTER 7. DEBT MANAGEMENT
- Part 42. Municipal General Obligation Bonds
Other than refunding bonds, all bonds issued for a longer term than 5 years must be redeemable at the option of the city or town on any interest payment date after one-half of the term for which they were issued has expired, and the redemption option must be recited in the bonds.
Collected 2026-09-14T04:45:00Z. Source file · JSON