257B.17 - LIABILITY OF COUNTY.
257B.17 LIABILITY OF COUNTY.
Each county is liable for losses upon loans of the permanent
school fund, principal or interest, made in the county, unless the
loss was not occasioned by reason of a default of its officers or by
taking insufficient or imperfect securities, or from a failure to bid
at an execution sale the full amount of the judgment and costs. Section History: Early Form
[C73, § 1860; C97, § 2848; C24, 27, 31, 35, 39, § 4485; C46,
50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 302.17] Section History: Recent Form
83 Acts, ch 185, § 17, 62
C93, § 257B.17