48-4887. Payment of interest coupons; investment of bond fund monies
The secretary-treasurer of the district shall:
1. Pay matured interest coupons from bonds of the district from the bond fund.
2. Invest monies in the bond fund, under direction of the board, in bonds of the United States or this state which shall be kept in the bond fund and may be used to redeem bonds of the district, on the request of the holders, either by exchanging them for bonds of the district or by converting them into cash.
Section: Previous 48-4856 48-4857 48-4881 48-4882 48-4883 48-4885 48-4886 48-4887 48-4888 48-4911 48-4912 48-4913 48-4914 48-4915 48-4916 NextLast modified: October 13, 2016