7-14-2732. Payment of assessments -- bond issue. (1) The board shall provide for the payment of assessments either on the immediate payment plan or by installments.
     (2) The board shall issue local improvement district bonds and coupons for each installment.

     History: En. Sec. 5-401, Ch. 197, L. 1965; R.C.M. 1947, 32-3101(4), (5).