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The SMRF Authority, with the approval of the Tribal Council, may provide for the refunding of any obligation of the SMRF Authority through the issuance of other obligations of the SMRF Authority, entitled to rights and priorities similar in all respects to those held by the obligations that are refunded.

Comment: Created in its entirety pursuant to Resolution No. 93-025, dated November 30, 1993, which adopted a three-point government plan providing for the creation of an instrumentality of the Tribe to finance, develop and operate the Snow Mountain Reservation golf course project.

[Res. 94-034, 1994; Res. 93-025, 1993. Prior Code § 16-40-25.]