Alabama Statutes
§ 40-7-94 — Authorization to Issue Refunding Warrants
Alabama·Title 40 Revenue and Taxation·Ch. 7 Assessment of Taxes Generally·Art. 2 Statewide Property Reappraisal·Div. 2 County Bonds for Purpose of Paying Costs of Reappraisal
Each such county may in like manner from time to time issue refunding warrants, either by sale or by exchange, for the purpose of refunding a like or greater principal amount of warrants then outstanding which were issued under the provisions of this division and the interest thereon and paying any premium necessary to be paid to retire the outstanding warrants refunded thereby. The provisions of this division applicable to the warrants so refunded shall likewise be applicable to such refunding warrants.
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Legislative History
(Acts 1973, No. 1092, p. 1855, §5.)
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