Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Section 59-71-10. Short title. - This article may be cited as the "School Bond Act."...
Section 59-71-20. Definitions. - As used in this article: (1) The word "authorities" shall...
Section 59-71-30. Authorities of operating school units authorized to issue general obligation bonds. - The authorities of any operating school unit may issue general...
Section 59-71-40. Election. - The election hereby required shall be ordered by the authorities,...
Section 59-71-50. Notice of election. - Notice of the holding of such an election shall be...
Section 59-71-60. Declaration of result of election; declaration conclusive unless contested within thirty days. - Upon the receipt of the returns of the election the...
Section 59-71-70. Maturity of bonds. - Such bonds shall mature in such annual series or installments...
Section 59-71-80. Provision for redemption. - Any bond may be issued with a provision for its...
Section 59-71-90. Negotiability and registration. - The bonds issued pursuant to this article shall be in...
Section 59-71-100. Place of payment. - The bonds issued pursuant to this article shall be made...
Section 59-71-110. Interest rate. - Such bonds shall bear interest at rates to be named...
Section 59-71-120. Execution of bonds. - Such bonds and the coupons annexed thereto shall be executed...
Section 59-71-130. Sale of bonds. - The bonds shall be sold at public sale, after advertisement...
Section 59-71-140. Minimum sales price. - All such bonds must be sold at a price of...
Section 59-71-150. Credit pledged for payment; tax. - For the payment of the principal and interest on such...
Section 59-71-155. General obligation bonds; transfers from state general fund to make payments on bonded indebtedness of school districts; maximum amount allowed for transfers. - (A) This section applies to existing and future general obligation...
Section 59-71-160. Exemption of bonds from taxes. - Bonds issued under this article shall be exempt from all...
Section 59-71-170. Bonds as legal investments. - It shall be lawful for all executors, administrators, guardians, committees...
Section 59-71-180. Deposit and use of proceeds. - The proceeds derived from the sale of the bonds must...
Section 59-71-190. Investment of sinking funds in defense securities. - The county treasurers of the various counties of the State...
Section 59-71-310. Resolution of school district concerning bonds in default. - The district board of any school district authorized to issue...
Section 59-71-320. Duties of State Treasurer. - Upon adoption of the resolution, a copy shall be transmitted...
Section 59-71-330. Rules and regulations. - The State Treasurer is hereby authorized to prescribe rules and...
Section 59-71-340. Levy of additional tax. - The State Comptroller is directed in any year to levy...
Section 59-71-410. Authority to issue State school bonds. - For the purpose of enabling the State Board of Education...
Section 59-71-420. Limits on aggregates of indebtedness; maturity date. - The aggregate outstanding principal indebtedness on account of bonds issued...
Section 59-71-430. Request for issuance of bonds. - Before any State school bonds are issued, the State Board...
Section 59-71-440. Conditions warranting issuance of bonds. - If the following shall appear to the satisfaction of the...
Section 59-71-450. Form of bonds; time, place, and medium of payment. - The State school bonds shall be issued in such form...
Section 59-71-460. Denomination of bonds. - State school bonds shall each be in the denomination of...
Section 59-71-470. Form of bonds; registration. - State school bonds issued pursuant to this article may be...
Section 59-71-480. Interest; maturities; redemption. - State school bonds shall bear interest, payable semiannually, at a...
Section 59-71-490. Exemption of bonds from taxes or assessments. - All State school bonds issued under this article, and the...
Section 59-71-510. Pledge of credit and revenues for payment of bonds. - For the payment of the principal and interest on all...
Section 59-71-520. Revision of retail sales tax not precluded by pledge. - The pledge of such revenue derived from such retail sales...
Section 59-71-530. Sale of bonds. - State school bonds whose proceeds are to be applied exclusively...
Section 59-71-540. Bonds as lawful investments. - It shall be lawful for all executors, administrators, guardians and...
Section 59-71-550. Disposition of proceeds of sale. - The proceeds of the sale of State school bonds shall...
Section 59-71-560. Use of proceeds; segregation for different uses. - The proceeds derived from the sale of State school bonds...
Section 59-71-570. Sinking fund payments. - If the annual principal payment on account of outstanding bonds...
Section 59-71-580. Retail sales tax provisions as part of contract with bondholders. - The provisions of Chapter 35 of Title 12 levying the...