§ 16.7. TERM BONDS; SINKING FUND.

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If term bonds be permitted in any case and such bonds be issued, then a sinking fund shall be created for the payment of the same, which sinking fund shall conform to all requirements of the State law.
(Char. eff. June 7, 1954; amend. eff. Aug. 14, 1956)

                    
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