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AGO Opinions with Topic: BONDS, GENERAL OBLIGATIONS
AGO 1951 No. 439 >  January 26, 1951
REFERENDUM BILLS - BONDS, GENERAL OBLIGATIONS - APPROPRIATIONS, NECESSITY OF
REFERENDUM BILLS ‑- BONDS, GENERAL OBLIGATIONS ‑- APPROPRIATIONS, NECESSITY OF

1. Biennial appropriations are necessary to authorize proper disposition of the proceeds of the bond issues and the payment of the bonds.2. The legislature may pass any legislation necessary or proper to secure or facilitate the proper application of the proceeds of the bond issues and the payment of the bonds.

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