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74a-8
74A.8 INTEREST RATE ON ISSUE DATE.
An interest rate limit, provision that no interest rate limit
exists, or authorization to set interest rates, as provided by this
chapter or any other law, applies to all bonds, warrants, pledge
orders, certificates, obligations, or other evidences of indebtedness
issued and delivered after the effective date of the provision,
regardless of whether the bonds, warrants, pledge orders,
certificates, obligations, or other evidences of indebtedness were
authorized to be issued pursuant to election, public hearing, or
otherwise before the effective date of the provision. This section
operates both retroactively and prospectively. Section History: Recent Form
83 Acts, ch 90, § 12
