48-6679. Bond purchase for cancellation
(Conditionally Rpld. Delayed 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 48-6672 48-6673 48-6674 48-6675 48-6676 48-6677 48-6678 48-6679 48-6680 48-6681 48-6682 48-6683 48-6684 48-6685 48-6686 NextLast modified: October 13, 2016