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  • PART I ADMINISTRATION OF THE GOVERNMENT
  • TITLE VII CITIES, TOWNS AND DISTRICTS
  • CHAPTER 44 MUNICIPAL FINANCE
  • Section 61 Penalty for refusal to issue bond in exchange for bearer instruments in sinking funds

Section 61. A county, city, town, district or corporation which neglects or refuses to issue a bond, note or certificate in accordance with section fifty-two when requested so to do by the sinking fund commissioners of any city, town or district shall be subject to a penalty of not more than fifty dollars.