As Amended
SEC. 27-41-3. Taxes levied for bonds, etc.; how installment payment of may be authorized.
[Until January 1, 1996, this section reads as follows:] It shall be optional with the board of supervisors or municipal or other taxing districts, governing authorities or governing boards, as to whether they shall require all taxes levied for bonds and other evidence of indebtedness for money borrowed and interest or betterment or improvement assessments to be paid on or before the first day of February of each year. Any county, district or municipality desiring to do so, by order, duly entered upon its minutes prior to January 15th following the levy of such taxes, may authorize the payment by installments of taxes or any particular tax levied for the purpose of paying principal and interest on bonds or betterment or improvement assessments as herein provided, and when such order is duly entered upon the minutes of the board and a copy thereof delivered to the tax collector on taxes levied for the purpose of paying principal and interest of bonds herein provided to be paid on or before the first day of February may be paid in installment payments as is provided herein for the payment of other state, county, school, road and other taxing districts and municipal ad valorem taxes.
[From and after January 1, 1996, this section reads as follows:] The board of supervisors or municipal or other taxing districts, governing authorities or governing boards shall require all taxes levied for bonds and other evidence of indebtedness for money borrowed and interest or betterment or improvement assessments to be paid on or before the first day of February of each year.
SOURCES: Codes, 1942, Sec. 9892; Laws, 1934, ch. 188; 1995, ch. 468, Sec. 3, eff from and after January 1, 1996