- (1) The bonds shall mature serially within not to exceed 30 years from issue date.
- (2) The bonds shall bear such rate of interest as the district board shall determine.
- (3) The bonds shall be so conditioned that the health district agrees therein to pay to the bearer, at a place named, the principal sum of the bonds with interest at the rate named, payable semiannually in accordance with the tenor and terms of the interest coupons attached.
[Formerly 441.345; 1977 c.188 §3; 1981 c.94 §36; 1983 c.347 §27; 2001 c.215 §5]