Section 57-1-37 - Issuance of additional bonds by municipality

In the case any municipality shall have initiated any industry as provided in Sections 57-1-19 and 57-1-21, and thereafter said municipality lacks the requisite funds for completion by reason of emergency which was wholly unforeseen, then upon the approval of the commission, upon the same terms and conditions as herein set forth, additional bonds may be authorized.Codes, 1942, § 8936-16; Laws, 1944, ch. 241, § 17, eff. 7/1/1944.