Section 46A-7A-103 - Maturity and interest of landowner bonds.

46A-7A-103. Maturity and interest of landowner bonds. Any landowner bond shall have a maturity not to exceed forty years, shall bear interest as set by the board at the time of issuance and shall have equal annual debt service during each year of its life.

Source: SL 1985, ch 360, § 103.