10-119. Changing territory or disorganization of municipality; liability; tax levies.
10-119
10-119. Changing territory or disorganization of municipality;
liability; tax levies.
Whenever a part of the territory of any municipality has been detached
and attached to some other municipality, or whenever any municipality has
been disorganized according to law and the territory attached to or
included in some other municipality or municipalities, such territory shall
be liable for the payment of all bonds issued or other indebtedness
incurred by such municipality before such detachment or disorganization,
and the proper taxing officers of the municipality to which such territory
is attached shall levy such taxes upon such attached territory as are
necessary to pay its proper proportion of the interest and principal of
such bonds or other indebtedness as aforesaid, and such officers may be
compelled by mandamus at the instance of the holders of such bonds or other
indebtedness to levy such tax.
History: R.S. 1923, § 10-119; L. 1963, ch. 393, § 32; May 15.