7-12-4249. Meaning of term deficiency.
32 words·~1 min read·
/mt/title-7/chapter-12/part-42/7-12-4249·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
7-12-4249 . Meaning of term deficiency. A deficiency shall exist in any district fund whenever principal and interest is due and there is no money in the fund to pay the same.