40:3-1. Definitions
For the purposes of this chapter, bonds which are payable in installments in successive years during at least three-quarters of the period covered by the term of the whole issue, shall be known as "serial bonds" . All other bonds shall be known as "term bonds" .
The term "governing body" as used in this chapter means the board or body having charge and control of the finances of the municipality, county or school district.
Section: 40-3-1 40-3-2 40-3-3 40-3-4 40-3-5 40-3-6 40-3-7 40-3-8 40-3-9 40-3-10 40-3-11 40-3-12 40-3-13 40-3-14 40-3-15 Next
Last modified: October 11, 2016