Codification
Sections
315 to
315i, relating to Territory of Alaska, were omitted in view of admission of Alaska into the Union.
Section
315, acts May 31, 1938, ch. 298, § 1,
52 Stat. 589; July 24, 1946, ch. 610, § 1,
60 Stat. 659, authorized public school and utility districts to construct facilities, incur bonded indebtedness, and perform other defined functions.
Section
315a, acts May 31, 1938, ch. 298, § 2,
52 Stat. 589; July 24, 1946, ch. 610, § 2,
60 Stat. 659, required submission of proposal to electors before any public utility or school district could incur a bonded indebtedness.
Section
315b, act May 31, 1938, ch. 298, § 3,
52 Stat. 589, set out terms, execution, interest, and sales price of bonds of public utility or school district.
Section
315c, act May 31, 1938, ch. 298, § 4,
52 Stat. 590, laid upon governing body of each district duty of levying taxes to provide payment of interest and principal on bonds.
Section
315d, act May 31, 1938, ch. 298, § 5,
52 Stat. 590, repealed laws inconsistent with sections
315 to
315d and restricted effect of any limitation placed upon powers granted thereby to such powers and not to powers granted by any other sections.
Section
315e, acts Jan. 17, 1940, ch. 3, § 1,
54 Stat. 14; Aug. 18, 1958,
Pub. L. 85–675, § 1,
72 Stat. 625, authorized issuance of refunding bonds by municipal corporations and public utility districts.
Section
315f, acts Jan. 17, 1940, ch. 3, § 2,
54 Stat. 15; Aug. 18, 1958,
Pub. L. 85–675, § 1,
72 Stat. 626, set terms, interest, negotiability, etc., of refunding bonds.
Section
315g, acts Jan. 17, 1940, ch. 3, § 3,
54 Stat. 15; Aug. 18, 1958,
Pub. L. 85–675, § 1,
72 Stat. 626, laid upon governing body of municipal corporations or public-utility or school district duty of levying taxes to retire refunding bonds.
Section
315h, act Jan. 17, 1940, ch. 3, § 4,
54 Stat. 15, ratified prior issues of refunding bonds.
Section
315i,
Pub. L. 85–675, § 2, Aug. 18, 1958,
72 Stat. 626, ratified prior issues of refunding bonds.