6-8-4. Obligations exceeding debt limitations not validated.
29 words·~1 min read·
/sd/title-6/chapter-6-8/6-8-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 6-8-3 shall not be construed as attempting to validate evidences of indebtedness issued by such political subdivision in excess of the constitutional or statutory limitations upon its indebtedness.