7-14-2522. County road and bridge bonds authorized. (1) Each board may issue, negotiate, and sell coupon bonds on the credit of the county:
     (a) to construct or improve or acquire rights-of-way for public highways or bridges;
     (b) to refund, pay, and redeem optional, redeemable, or maturing highway or bridge bonds when there are not sufficient funds available and it is deemed in the best interests of the county to refund the bonds.
     (2) The bonds shall be issued as provided in 7-7-2201.

     History: En. Sec. 7-301, Ch. 197, L. 1965; R.C.M. 1947, 32-3801(1), (3).