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Section 28-18-12 - Reference in bonds to authorizing resolutions--Negotiability.

28-18-12. Reference in bonds to authorizing resolutions--Negotiability. Bonds issued pursuant to § 28-18-7 may refer to the authorizing resolution or resolutions for matters not expressed in the bonds, but they shall be negotiable investment securities within the meaning of chapter 57A-8, notwithstanding any conditions expressed therein or in the resolutions.

Source: SL 1963, ch 286, § 5; SL 1984, ch 43, § 107.

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