GroundRules
4-48A-21: Use of proceeds of bond issue.
Where this section sits in the code
- Chapter 4 - Counties
- ARTICLE 48A Special Hospital Districts
It is unlawful to divert, use or expend any money received from the issuance of bonds for any purpose other than the purpose for which the bonds were issued; provided, however, that bond proceeds may be used for reserves and to pay the costs of issuance.
Collected 2026-09-03T15:02:19Z. Source file · JSON