15-2057. Bond purchase; cancellation
The school facilities board may purchase bonds for cancellation out of any monies available for the purchase, at a price of not more than either of the following:
1. If the bonds are redeemable at the time of the purchase, the applicable redemption price plus accrued interest to the next interest payment date on the bonds.
2. If the bonds are not redeemable at the time of the purchase, the applicable redemption price on the first date after the purchase on which the bonds become subject to redemption plus accrued interest to that date.
Section: Previous 15-2042 15-2051 15-2052 15-2053 15-2054 15-2055 15-2056 15-2057 15-2059 15-2060 15-2061 15-2062 15-2064 15-2065 15-2066 NextLast modified: October 13, 2016