85-9-631. Bond retirement fund. Revenue, assessment, and other funds on hand, including reserves pledged for the payment and security of outstanding bonds, may be deposited in a fund created for the retirement of bonds and may be invested and disbursed as provided by this chapter, to the extent consistent with the resolution authorizing the outstanding bonds.

     History: En. Sec. 36, Ch. 100, L. 1969; R.C.M. 1947, 89-3436.