(1) The governing authorities of any municipality, town or county in the state may,
in its discretion, rent, lease, purchase or construct a building or buildings to house
the units of the various congressionally chartered veteran's organizations and the
auxiliaries of such organizations, and the records of such organizations and their
auxiliaries, and may, where necessary, acquire land by purchase, lease or otherwise
for the purpose of constructing such building or buildings.
(2) The expenses authorized by subsection (1) of this section may be paid by such
municipality, town or county out of any available funds.
(3) For the purpose of securing funds to carry out subsection (1) of this section,
the governing authorities of such municipality, town or county are hereby authorized
and empowered in their discretion to issue bonds or negotiable notes for the purpose
of acquiring by purchase, gift or lease real estate for the purposes herein authorized,
and also for owning, erecting, building, establishing, and maintaining such buildings
herein authorized, and to remodel or repair any such building. Such bonds or notes shall be issued in an amount not to exceed the limitation now
or hereafter imposed by law on municipalities or counties or towns, and shall be issued
in all respects including interest rate, maturities and other details as is now or
may hereafter be provided by general law regulating the issuance of bond or notes
by the corporate authorities of such municipality or town, and the board of supervisors
of such county.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.