CHAPTER 13. PUBLIC BONDED INDEBTEDNESS.

ARTICLE 2G. STATE REFUNDING BOND ACT.

§13-2G-4. Security for refunding bonds.

Refunding bonds may be secured by a pledge of: (a) The same source of security as the bonds to be refunded; or (b) such other security as the state may lawfully pledge, or both.

Bill History For §13-2G-4

1992 Regular Session
House Bill 4447