Section 9-20-3 - Ordinance may not be initiated to nullify bond purposes.
9-20-3. Ordinance may not be initiated to nullify bond purposes. The right to initiate an ordinance shall not be applicable to ordinances proposed to nullify the purpose for which bonds have been sold by a municipality pursuant to statutory authority.
Source: SL 1961, ch 247; SL 1980, ch 66, § 1.