24-131. Same; existing indebtedness at time of transfer.
80 words·~1 min read·
/ks/chapter-24/24-131A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
24-131. Same; existing indebtedness at time of transfer. Any balance of bonded indebtedness, including temporary notes outstanding, shall remain a charge upon the territory transferred under the provisions of this act in accordance with the applicable provisions of K.S.A. 10-119 , and any amendments thereto. The territory so transferred shall not be liable for any bonded debt, including temporary notes and no-fund warrants, existing at the time of such transfer, of the district of which it shall become a part.