331.477 Current debt authorized.
68 words·~1 min read·
/ia/chapter-331-county-home-rule-implementation/331-477A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A debt payable from resources which will have accrued in a fund by the end of the fiscal year in which the debt is incurred may be authorized only by resolution of the board. The debt may take the form of:
1. Anticipatory warrants subject to chapter 74.
2. Loans from other county funds.
3. Other formal short-term debt instruments or obligations.
83 Acts, ch 123, §24, 209