28-18-7. Municipal revenue bonds authorized for establishment and operation of facilities for the aged. Any municipality may issue revenue bonds to provide funds for the purpose of acquiring, constructing, improving, operating, and maintaining municipal hospitals, nursing homes, retirement homes, or related institutions for the care of the aged or for the purpose of refunding outstanding revenue bonds issued under the provisions of this chapter.
Source: SL 1963, ch 286, § 1; SL 1984, ch 43, § 104.
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