19-2771. Same; form of general obligation bonds.
19-2771
19-2771. Same; form of general obligation bonds.
That all bonds issued under the provisions of the next preceding section
shall be executed as provided by law; each of said bonds shall recite that
it is issued under the provisions of this act, that it is a general
obligation bond of the county but that such bond is payable from special
assessments that have been levied and constitute a lien upon real estate in
said district benefited by improvements made under the provisions of this
act, and such recital shall be relied upon by any purchaser of said bonds
as conclusive that the same were issued in conformity to this act and that
all conditions precedent to their issue were duly performed.
History: L. 1945, ch. 180, § 19; L. 1974, ch. 122, § 17; March 18.