NOTE: §615.1 eff. until July 1, 2021. See Acts 2018, No. 569.
§615.1. Annual maturities of refunding bonds
The maturities of such refunding bonds shall be so fixed that the annual payments thereof, in principal and interest, shall be of an amount less than the amount required for the annual payment of principal and interest of the bonds or indebtedness refunded.
NOTE: §615.1 as repealed by Acts 2018, No. 569, eff. July 1, 2021.
§615.1. Repealed by Acts 2018, No. 569, §2, eff. July 1, 2021.
Added by Acts 1975, No. 163, §1; Acts 2018, No. 569, §2, eff. July 1, 2021.
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