475.69 DEFACED BONDS; DUPLICATES.
When any obligation of a municipality becomes unfit for circulation, it may be surrendered
and canceled. Upon the authorization of the governing body, a duplicate of the obligation except
as to signatures and a duplicate of any unpaid coupons, may be issued to the owners. These
duplicates shall be marked "DUPLICATE" and the date of issue shown thereon. Such marking
shall be signed by the treasurer then in office.
History: (1970) RL s 791; 1949 c 682 s 19