21-414 - Sale or exchange of refunding bonds.

§ 21-414. Sale or exchange of refunding bonds.

The board of viewers may provide for the exchange of the refunding bonds fora like or greater par amount of the bonds to be refunded, or may provide forthe sale of such refunding bonds and the application of the proceeds of thesale thereof to the retirement of the bonds to be refunded.

(1934, p. 4; Michie Code 1942, § 1777a; 1954, c. 642.)