A petition similar to that prescribed in section 40 -37-02 may be presented to the governing body at any time asking that the following proposition be submitted to the qualified electors: Shall the power to levy a tax for the maintenance or employment of a band be canceled? The question shall be submitted at the first general or municipal election following the presentation of such petition. If a majority of the votes cast on such question are in favor of the proposition, no further levy for a municipal band shall be made until at such time as the question again may be voted upon favorably.
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