48-2441. Purposes for which bonds may be issued As soon as practicable after the organization of an agricultural improvement district, or at any time thereafter when funds available have been exhausted and it is necessary to raise additional funds for such purposes, the board of directors shall estimate and determine the amount of money necessary […]
48-2442. Bond election; results A. Upon determining the amount of money necessary to be raised for any or all of the purposes set forth in section 48-2441, the board of directors shall immediately call an election at which shall be submitted to the electors of the district the question of whether or not the bonds […]
48-2443. Form of bonds; interest rate; record of sales A. All bonds issued under the provisions of this article shall be payable in legal currency of the United States and shall be payable within forty years from the date of the bonds, but nothing in this section shall be construed to repeal the provisions of […]
48-2444. Sale of bonds; notice A. The board of directors may sell the bonds from time to time in such amounts as may be necessary and most advantageous to raise the money to carry out the purposes specified in section 48-2441, or to carry out any of the objects and provisions of this chapter. Before […]
48-2445. Lien of bonds; payment of bonds A. All bonds issued under the provisions of this chapter shall be a lien upon the real property included in the district, and such bonds and the interest thereon shall be payable from the levy of taxes upon the real property included in the district. All the real […]
