TITLE 33

EDUCATION

CHAPTER 11

SCHOOL BONDS

33-1113.  Disposition of unexpended balance. Whenever there shall remain any balance of funds arising from the sale of bonds over and above the amount necessary to meet the requirements approved by the electors, such balance shall be placed in the bond interest and redemption fund, to be deposited or invested as provided by law for such fund, and applied only to the redemption of and payment of interest on, any bond issue of the district.

History:

[33-1113, added 1963, ch. 13, sec. 109, p. 27.]