28-7506. Bond purchase; cancellation
The board may purchase bonds out of any monies available for the purchase, and these bonds shall then be canceled, at a price of not more than either of the following:
1. If the bonds are then redeemable, the redemption price then applicable plus accrued interest to the next interest payment date on the bonds.
2. If the bonds are not then redeemable, the redemption price applicable on the first date after the purchase on which the bonds become subject to redemption plus accrued interest to that date.
Section: Previous 28-7381 28-7382 28-7501 28-7502 28-7503 28-7504 28-7505 28-7506 28-7507 28-7508 28-7509 28-7510 28-7511 28-7512 28-7513 NextLast modified: October 13, 2016