Tax levy to pay interest and principal

It shall be the duty of the officers charged by law with levying taxes for county purposes to: 1. Levy annually an amount sufficient to pay the interest due each year on the bonds issued; and 2. Levy an amount sufficient to pay the principal as the same falls due. Added by Laws 1929, c. 26, p. 24, § 7. Amended by Laws 2001, c. 146, § 211, emerg. eff. April 30, 2001. Renumbered from § 115 of this title by Laws 2001, c. 146, § 269, emerg. eff. April 30, 2001.