Title 53A Chapter 18 Section 103
| << Previous Section (53A-18-102) | Download Options: PDF | RTF | WordPerfect | Next Section (53A-18-104) >> |
State System of Public Education | |
School District Indebtedness | |
Section 103 | Consolidated school district bonds. |
|
53A-18-103. Consolidated school district bonds.
(1) A consolidated county school district may issue bonds, without an election, to fund, purchase, or redeem the district's outstanding indebtedness if the debt was incurred prior to consolidation and assumed by the consolidated school district. (2) The legality, regularity, and validity of the outstanding indebtedness shall be determined in the same manner used to determine the validity of other bonds to be refunded by the board. Enacted by Chapter 2, 1988 General Session | |
| << Previous Section (53A-18-102) | Download Options: PDF | RTF | WordPerfect | Next Section (53A-18-104) >> |