48-6278. Bond purchase; cancellation
(Conditionally Rpld.)
The board may purchase bonds for cancellation, using any available monies, at a price not exceeding the following:
1. If the bonds are redeemable at the time of purchase, the applicable redemption price plus accrued interest to the next interest payment date.
2. If the bonds are not redeemable at the time of purchase, the applicable redemption price on the first date after purchase on which the bonds become subject to redemption plus accrued interest to that date.
Section: Previous 48-6271 48-6272 48-6273 48-6274 48-6275 48-6276 48-6277 48-6278 48-6279 48-6280 48-6281 48-6282 48-6283 48-6284 48-6285 NextLast modified: October 13, 2016