13-1215

Chapter 13.--CITIES OF THE FIRST CLASS
PART I.--GOVERNMENT BY MAYOR AND COUNCIL AND GENERAL LAWS
Article 12.--PUBLIC UTILITIES

      13-1215.   Same; limitation.The amount of the bonds which may be issued under the provisions of thisact shall not be subject to any statutory limitation on bonded indebtedness,except as herein provided, but no bonds in excess of ten percent (10%) ofthe assessed valuation of such city shall be issued underthe authority of this act.

      History:   L. 1908, ch. 32, § 4; R.S. 1923, § 13-1215; L. 1978,ch. 69, § 1; July 1.