35A.14.500 - Outstanding indebtedness not affected.
Outstanding indebtedness not affected.
When any portion of a fire protection district is annexed by or incorporated into a code city, any outstanding indebtedness, bonded or otherwise, shall remain an obligation of the taxable property annexed or incorporated as if the annexation or incorporation had not occurred.
[1967 ex.s. c 119 § 35A.14.500.]