§ 9395 Bond Issuance After Approval

• •If most people vote 'yes' in a bond election, the board must create the bonds.
• •The bonds must be for the exact amount of money mentioned in the election order.
• •The bonds are given to the State Treasurer after they are made.

A small town votes on whether to borrow money to fix old drainage pipes.

If more than half the voters say 'yes,' the town leaders must create the borrowing papers for the exact amount they asked for and give them to the State Treasurer.