Title 11, Title 11: Cities, Counties, and Local Taxing Units

11-27-3.5. Tax levy to pay state refunding bonds -- Sinking fund -- Payments -- Abatement of tax -- Investment of fund -- Interest rates on bonds -- Security for bonds. (1) Each year after issuance of refunding bonds by the State Bonding Commission until all outstanding refunding…

11-27-4. Publication of resolution -- Notice of bond issue -- Contest of resolution or proceeding. (1) The governing body of any public body may provide for the publication of any resolution or other proceeding adopted by it under this chapter: for the public body, as a class A n…

11-27-5. Negotiability of bonds -- Intent and construction of chapter -- Budget for payment of bonds -- Proceedings limited to those required by chapter -- Notice -- No election required -- Application of chapter. (1) Refunding bonds shall have all the qualities of negotiable pap…

11-27-6. Bonds and interest exempt from taxation except corporate franchise tax. All refunding bonds, and interest accruing on them, shall be exempt from all taxation in this state, except for the corporate franchise tax.

11-27-7. Chapter inapplicable to anticipation bonds and obligations. This chapter does not apply to bonds or obligations issued in anticipation of the collection of taxes where the entire issue matures not later than one year from the date of the issue.

11-27-8. Chapter controlling in conflict of laws. To the extent that provisions of this chapter shall be in conflict with any other law or laws, the provisions of this chapter shall be controlling.

11-27-9. Prerequisites to issuance of state general obligation refunding bonds. No general obligation refunding bonds of the state may be issued under this chapter, unless: (1) the tax provided in Sectionis sufficient to pay annual interest and to pay the principal of the refundi…