7-13-2323. Election on question of incurring bonded indebtedness. (1) The board of directors shall fix a date on which an election is held in accordance with 13-1-504 for the purpose of authorizing the bonded indebtedness to be incurred.
     (2) The board may order as many as two elections each year if:
     (a) there are no bids within the amount of approved bonds;
     (b) there is an emergency;
     (c) a directive for a project is received from a government agency; or
     (d) it is necessary to take advantage of the construction season.

     History: En. Sec. 18, Ch. 242, L. 1957; R.C.M. 1947, 16-4518; amd. Sec. 334, Ch. 571, L. 1979; amd. Sec. 44, Ch. 387, L. 1995; amd. Sec. 12, Ch. 234, L. 1997; amd. Sec. 138, Ch. 49, L. 2015.