Bonds issued under this subchapter may be sold with the privilege of conversion to an issue bearing a lower rate or rates of interest, upon such terms and subject to such conditions as the governing body of the city shall determine. However, under no circumstances shall the city receive less or pay more than it would receive and pay if the bonds were not converted, and any conversion shall be subject to the approval of the governing body of the city.
Section: Previous 14-163-204 14-163-205 14-163-206 14-163-207 14-163-208 14-163-209 14-163-210 14-163-211 14-163-212 14-163-213 14-163-214 14-163-215 14-163-216 14-163-217 NextLast modified: November 15, 2016