Such bonds may be applied at par with accrued interest to the payment of work as it progresses upon the improvements of the district, or, the board may sell, through the county treasurer, said bonds at not less than par with accrued interest and devote the proceeds to such payment. Any premium derived from the sale of said bonds shall be credited to the drainage fund of the district.
[C97, § 1953; S13, § 1989-a27; C24, 27, 31, 35, 39, § 7508; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 455.86]
89 Acts, ch 126, § 2
CS89, § 468.78
Referred to in § 357.21
Previous Section 468.77
Next Section 468.79
© 1999 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Thu Mar 18 15:00:31 CST 1999
URL: /DOCS/IACODE/1999/468/78.html
jhf