GroundRules
7-7-4262: Payment of principal and interest.
Where this section sits in the code
- TITLE 7. LOCAL GOVERNMENT
- CHAPTER 7. DEBT MANAGEMENT
- Part 42. Municipal General Obligation Bonds
The city treasurer or town clerk shall pay from the proper sinking and interest fund the interest and principal of each issue or series of outstanding bonds, as the interest and principal become due and at the place where the bonds are payable, upon presentation and surrender of the coupon or bond to be paid.
Collected 2026-09-14T04:45:00Z. Source file · JSON