Title 7, Title 7: Municipalities

Sec. 7-385. Maturity of bonds. All bonds issued under the provisions of this chapter shall mature in annual or semiannual installments of principal that shall substantially equalize the aggregate amount of principal and interest due in each annual period commencing with the first…

Sec. 7-386. Validity of bonds. Any bonds reciting that they are issued pursuant to this chapter shall, in any action or proceeding involving their validity, be conclusively deemed to be fully authorized by this chapter and to have been issued, sold, executed and delivered in conf…

Sec. 7-387. Change of term of elected officials. Section 7-387 is repealed. (1949 Rev., S. 817; 1953, S. 366d; 1967, P.A. 675, S. 2; 1969, P.A. 570, S. 8.)

Sec. 7-388. Annual budget meetings. Any municipality complying with the provisions of this chapter shall, at its annual meeting or at a special meeting thereof warned and held for such purpose, fix the date of a special meeting to be held prior to the beginning of the next ensuin…

Sec. 7-389. Financing of change in fiscal year. (a) Any municipality proposing a change in its fiscal year to comply with the provisions of this chapter may create a surplus in its general fund for the specific purpose of financing such a change and said municipality may, over a …

Sec. 7-390. Publication of budget. Statements by municipalities adopting uniform fiscal years. Each municipality adopting the provisions of this chapter shall publish, as provided in section 7-344, a budget statement which shall show, in addition to the items set forth in said se…