Section 56-0111. Consistency with federal tax law

Latest version.

All  actions  taken  pursuant  to  this  article shall be reviewed for
  consistency with provisions of the federal  internal  revenue  code  and
  regulations  thereunder,  in  accordance  with procedures established in
  connection with the issuance of any tax exempt bonds  pursuant  to  this
  article, to preserve the tax exempt status of such bonds.

                    
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