35-511. Definitions
In this article unless the context otherwise requires:
1. "Bond" means any bond, note, warrant, lease, lease purchase agreement or other
interest bearing obligation issued pursuant to any provision of law by this state or any
political subdivision.
2. "Political subdivision" means city, town, county, school district, community
college district, multi-county water conservation district, agriculture improvement
district, industrial development authority, pollution control corporation, special taxing
district in title 48 and any other agency, instrumentality, municipal corporation or
other entity created by a law of this state which has the power to issue bonds.
3. "Rebate" means the payment of monies to the federal government pursuant to any
law enacted by the Congress of the United States in consideration of retaining any
exemption from federal income taxes for the interest income on an issuer's bonds.
4. "Treasurer" means the treasurer, finance director or other person acting in the
capacity of the treasurer of this state or any political subdivision.
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