Section 395.20 Indebtedness Due October 1, Rate of Interest
395.20 INDEBTEDNESS DUE OCTOBER 1, RATE OF INTEREST.
The amount of such indebtedness upon such contracts shall become due and payable on the first day of October in the year in which the seed or feed, or both, is furnished, together with interest on such amount from the date of the warrants issued therefor, at the rate of six percent per annum; and, if the indebtedness be not paid on or before the first day of November of that year it shall then be the duty of the auditor of the county to cause the amount of the indebtedness to be entered upon the tax list of the county, as a tax against the land owned by the applicant for whom the aid was furnished, to be collected as other taxes are collected under the laws of this state.
History:
(746) 1917 c 21 s 7