19-2786c. Same; terms of consolidation; effect.

19-2786c

Chapter 19.--COUNTIES AND COUNTY OFFICERS Article 27.--PUBLIC IMPROVEMENTS; IMPROVEMENT AND SERVICE DISTRICTS

      19-2786c.   Same; terms of consolidation; effect. The terms of such consolidation shall require the payment of all outstanding bonded indebtedness and other indebtedness of each of such improvement districts, and no order of consolidation shall in any way reduce or impair the security of any creditor of either of said improvement districts.

      History:   L. 1959, ch. 139, § 8; June 30.