19-2638. Same; pending actions not barred; disposition of moneys recovered.
19-2638
19-2638. Same; pending actions not barred; disposition of moneys
recovered.
Nothing in this act shall be construed to bar any action pending or that
may be brought by any such county by which the county is attempting to
recover from bondsmen, bonding companies or any other sources, any part of
the money so lost by such counties. Amounts so recovered, if any, shall be
placed in a sinking fund to be used to retire the principal and interest of
such bonds, if bonds are issued in accordance herewith, and in the event a
levy is made to restore such funds, then said sums so recovered shall be
credited the same as moneys collected from said levies.
History: L. 1937, ch. 201, § 4; April 7.