SEC. 49-5-17. Issuance and retirement of bonds.

Bonds may be issued by any municipality or county as now authorized by Section 55-9-1 to secure funds * * * to purchase the required lands and to construct game and fish management projects, all of which shall be done under the direction of the * * * commission. Such bonds shall be retired by the proceeds of ad valorem taxes levied by such counties and municipalities, and the * * * commission may pledge to the payment of such bonds any funds accruing to it under * * * this chapter.

SOURCES: Codes, 1942, Sec. 5844-23; Laws, 1962, ch. 181, Sec. 5, eff from and after passage (approved June 1, 1962).  Amended by Laws 2000, Ch. 516, Sec. 31, HB666, eff. from and after passage (approved April 30, 2000).

PREVIOUS VERSIONS: Pre-2000