19-2786c. Terms of consolidation; effect.
51 words·~1 min read·
/ks/chapter-19/19-2786cA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
19-2786c. 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.