7-7-4624. Use of fiscal agent. Any municipality shall have power, in connection with the issuance of refunding bonds:
     (1) to appoint a fiscal agent;
     (2) to provide for the powers, duties, and functions and compensation of such fiscal agent;
     (3) to limit the liabilities of such fiscal agent;
     (4) to prescribe a method for the resignation, removal, merger, or consolidation of such fiscal agent and the appointment of a successor fiscal agent and the transfer of rights and properties to such successor fiscal agent.

     History: En. Sec. 11, Ch. 121, L. 1937; R.C.M. 1947, 79-1911.