Section 17-9-12

Warrants or certificates for purchase — Refunding authorized.

Each such county may in like manner from time to time issue refunding warrants and certificates, either by sale or by exchange, for the purpose of refunding a like or greater principal amount of warrants and certificates then outstanding which were issued under the provisions of Sections 17-9-9 through 17-9-14 and the interest thereon and paying any premium necessary to be paid to retire the outstanding warrants and certificates refunded thereby. The provisions of Sections 17-9-9 through 17-9-14 applicable to the warrants and certificates so refunded shall likewise be applicable to such refunding warrants and certificates.

(Acts 1959, No. 603, p. 1492, §4.)