48-2778. Unlawful sale or exchange of refunding bonds

It is unlawful for the board of directors to sell or exchange any refunding bonds for less than ninety-five per cent of their par value.

48-2778. Unlawful sale or exchange of refunding bonds

It is unlawful for the board of directors to sell or exchange any refunding bonds for less than ninety-five per cent of their par value.