48-2791. Proposal to destroy unsold bonds;
call for election; destruction of bonds
When there remains in the possession of the board of directors after completion of
its drainage system and payment of all demands against the district, any bonds authorized
to be issued by the district but not sold and not necessary to be sold to raise funds for
the use of the district, the board of directors may call a special election for the
purpose of voting upon a proposal to destroy such unsold bonds, or so many of them as may
be deemed advisable, or may submit the proposal at a general election.
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