21-03-36. Money borrowed or payable to be lawful money of United States.
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/nd/title-21/chapter-21-03-bonds/21-03-36A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All money borrowed by municipalities and all money received in payment of any tax levied in accordance with this chapter is lawful money of the United States, and all municipal bonds must be payable in such money.