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AGO Opinions with Topic: REDEMPTION OF STATE WARRANTS
AGO 1950 No. 277 >  May 16, 1950
REDEMPTION OF STATE WARRANTS
REDEMPTION OF STATE WARRANTS

A special session of the legislature is not required to provide for redemption of interest bearing general fund warrants.The legislature could provide for the issuance of general obligation bonds for investment by other state funds to redeem outstanding state warrants without submission of the proposition to a vote of the people, irrespective of the amount of the issue.

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