SEC. 51-31-113. Interest rate of additional bonds.
The bonds, notes, or other objects of indebtedness issued under the provisions of section 51-31-111 shall bear interest not exceeding 6% per annum and shall be non-taxable.
SOURCES: Codes, Hemingway's 1917, Sec. 4331; 1930, Sec. 4428; 1942, Sec. 4633; Laws, 1912, ch. 202.