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| TITLE 1 | ADMINISTRATION |
| PART 3 | OFFICE OF THE ATTORNEY GENERAL |
| CHAPTER 53 | MUNICIPAL SECURITIES |
| SUBCHAPTER E | APPROVAL OF ISSUES OF CERTIFICATES OF OBLIGATION |
| RULE §53.76 | Refunding of Certificates in Exchange for Services or Property |
No refunding of certificates delivered in exchange for services or property will be approved unless said certificates are authorized and issued in substantial compliance with statutory authority and full compliance with any applicable constitutional provisions. |
| Source Note: The provisions of this §53.76 adopted to be effective January 1, 1976. |
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