The Authority is hereby empowered to purchase, with any funds available for the purpose, any of its outstanding bonds at a price not to exceed the amount of the principal thereof, or the regular redemption price thereof, plus accrued interest. All bonds so purchased shall be cancelled.
History —Apr. 12, 1941, No. 26, p. 388, § 52, eff. 90 days after Apr. 12, 1941.