Alabama Statutes § 17-7-5 Warrants or certificates for purchase - Refunding authorized
Statute Text
Each such county may in like manner from time to time issue refunding warrants and certificates, either by sale or by exchange, for the purpose of refunding a like or greater principal amount of warrants and certificates then outstanding which were issued under the provisions of this section and Sections
17-7-2
through
17-7-4
and Sections
17-7-6
and
17-7-7
and the interest thereon and paying any premium necessary to be paid to retire the outstanding warrants and certificates refunded thereby. The provisions of this section and Sections
17-7-2
through
17-7-4
and Sections
17-7-6
and
17-7-7
applicable to the warrants and certificates so refunded shall likewise be applicable to such refunding warrants and certificates.
History
Acts 1959, No. 603, p. 1492, §4; §17-9-12; amended and renumbered by Act 2006-570, p. 1331, §37.
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