• § 20-2-450 - Subpart to Govern Refunding, Retiring, or Refinancing Outstanding District Bonds
  Where any school district or consolidated school district or any independent school district, in cases provided in this subpart, has outstanding schoolhouse bonds or...
• § 20-2-451 - Electoral Approval Required for Refunding, Retiring, or Refinancing Outstanding District Bonds
  The advisability or necessity of refunding, retiring, or refinancing such bonds shall be determined by the qualified voters of the school district concerned in...
• § 20-2-452 - Elections to Approve Refunding, Retiring, or Refinancing Outstanding District Bonds -- Calling of Election by County Board
  Should the county board of education for any school district or consolidated school district or board of education, or corresponding body, in any independent...
• § 20-2-453 - Elections to Approve Refunding, Retiring, or Refinancing Outstanding District Bonds -- Contents of Election Notice
  The county board of education or board of education or corresponding body, as the case may be, shall specify in the election notice what...
• § 20-2-454 - Elections to Approve Refunding, Retiring, or Refinancing Outstanding District Bonds -- Eligible Voters; Conduct of Election; Declaration of Result
  None but the qualified voters of the district concerned shall be permitted to vote in the election. The election shall be held and the...
• § 20-2-455 - Elections to Approve Refunding, Retiring, or Refinancing Outstanding District Bonds -- Referendum to Call Election
  In addition to the manner provided in Code Sections 20-2-451 through 20-2-454 for calling such an election, should as many as one-fourth of the...
• § 20-2-456 - Elections to Approve Refunding, Retiring, or Refinancing Outstanding District Bonds -- Vote Required; Declaration of Favorable Result; Issuance of Refunding Bonds
  In the event that two-thirds of the votes cast at an election held as provided in Code Sections 20-2-451 through 20-2-455 are in favor...
• § 20-2-457 - District Bonds -- Tax Levy to Provide Sinking Fund to Retire Bonds
  Where an election held in the manner provided in Code Sections 20-2-451 through 20-2-455 results favorably to the issue of such bonds, the county...
• § 20-2-458 - Local or Consolidated School District Bonds -- Sale or Exchange
  Any refunding bonds of a local school district or consolidated school district shall, after validation, be turned over to the county board of education...
• § 20-2-459 - Independent School District Bonds -- Sale or Exchange
  In independent school districts over which the county board has no jurisdiction, such refunding bonds, after they have been issued and validated, shall be...
• § 20-2-460 - District Bonds -- Sinking Fund for Holders Failing or Refusing to Sell or Exchange Outstanding Bonds
  Should any holder of an outstanding schoolhouse bond which is not due or which has not matured in accordance with the provisions thereof fail...
• § 20-2-461 - Elections to Approve Refunding, Retiring, or Refinancing Outstanding District Bonds -- Limit of One Per Year
  No election as provided in this subpart shall be held in any one district more often than once a year.
• § 20-2-462 - County-Wide Bonds -- Powers of Counties As to Refunding, Refinancing, or Retiring
  All counties in which a local tax is now or may hereafter be levied for school purposes throughout the entire county or throughout the...
• § 20-2-463 - County-Wide Bonds -- Petition to Call Election; Call of Election; County Board to Determine Terms
  When one-fourth of the registered qualified voters of the county or of the county outside the incorporated limits of a municipality or municipalities, as...
• § 20-2-464 - County-Wide Bond Elections -- Notice
  The county board shall order such election to be held at the various polling places throughout the county or throughout the territory to be...
• § 20-2-465 - County-Wide Bond Elections -- Eligible Voters; Conduct of Election; Declaration of Result
  None but registered qualified voters residing within the territory to be affected shall be permitted to vote in the election. The election shall be...
• § 20-2-466 - County-Wide Bonds -- Vote Required to Approve; Issuance, Sale, or Exchange
  In the event that two-thirds of the votes cast at such election shall be in favor of refunding "outstanding schoolhouse bonds" and such two-thirds...
• § 20-2-467 - County-Wide Bonds -- Handling and Use of Proceeds
  The proceeds from the sale or exchange of the refunding bonds shall be turned over to the county board of education in trust for...
• § 20-2-468 - County-Wide Bonds -- Tax Levy to Provide Sinking Fund to Retire Bonds
  The county authorities, in levying and assessing taxes for the purpose of paying the interest and retiring and paying off the bonds shall, in...
• § 20-2-469 - County-Wide Bonds -- Paying Off Outstanding Bonds; Sinking Fund for Holders Failing or Refusing to Sell, Exchange, or Surrender Outstanding Bonds
  The manner of paying off the outstanding schoolhouse bonds with the proceeds of the sale of the refunding schoolhouse bonds, or exchange of bonds,...
• § 20-2-470 - Validation of Bonds
  Before the schoolhouse refunding bonds provided in this subpart shall be issued, they shall first be validated in accordance with Part 1 of Article...
• § 20-2-471 - Exchange or Sale of Bonds; Use of Proceeds
  Bonds issued under this subpart may be exchanged for not less than an equal principal amount and accrued interest, if any, of indebtedness to...
• § 20-2-472 - Establishment of Sinking Fund for Unsurrendered Bonds
  Should the holder of any outstanding schoolhouse bonds be unwilling to surrender them for retirement, either in exchange for refunding bonds in a principal...
• § 20-2-473 - Limitations on Issue and Use of Bonds and Proceeds
  The proceeds derived from the sale of any refunding schoolhouse bonds issued under the authority of this subpart shall be applied exclusively to the...
• § 20-2-474 - Powers and Duties of Officials As to Bonds, Taxes, and Sinking Funds
  Wherever in this subpart it is made the duty, without specific designation, of any official or officials to perform any duty with reference to...
• § 20-2-475 - Interest on Bonds
  The interest rate on such refunding schoolhouse bonds shall in no event exceed, but may be less than, the interest rate on the bonds...
• § 20-2-476 - When Subpart Applicable to Independent School Districts
  The provisions of this subpart for issuance of refunding schoolhouse bonds in the case of independent school districts shall apply only where the Act...
• § 20-2-477 - Construction of Subpart Against Impairment of Outstanding Bonds
  This subpart shall not be construed to impair the obligation of any bond outstanding on March 31, 1937, or to prejudice the rights of...

Last modified: October 14, 2016