Any and all of the taxing agencies and instrumentalities set out in ยง 14-74-102 acting through their governing boards shall have the right to cooperate with and to borrow from the Reconstruction Finance Corporation and with any and all other governmental agencies, and with creditors, banks, trust companies, and other private or public lending agencies in refinancing and refunding and effecting compositions or the debts of the taxing agencies and instrumentalities and to issue refunding bonds, certificates of indebtedness, notes, and other securities to refinance debts and to pledge the assessments, revenues, and income of the taxing agencies or instrumentalities for the repayment of the refunding bonds, notes, certificates, and securities and to take any and all steps reasonably necessary to complete the refinancing or refunding programs and debt compositions.
Section: Previous 14-74-102 14-74-103 14-74-104 14-74-105 NextLast modified: November 15, 2016