19-2771

Chapter 19.--COUNTIES AND COUNTY OFFICERS
Article 27.--PUBLIC IMPROVEMENTS; IMPROVEMENT AND SERVICE DISTRICTS

      19-2771.   Same; form of general obligation bonds.That all bonds issued under the provisions of the next preceding sectionshall be executed as provided by law; each of said bonds shall recite thatit is issued under the provisions of this act, that it is a generalobligation bond of the county but that such bond is payable from specialassessments that have been levied and constitute a lien upon real estate insaid district benefited by improvements made under the provisions of thisact, and such recital shall be relied upon by any purchaser of said bondsas conclusive that the same were issued in conformity to this act and thatall conditions precedent to their issue were duly performed.

      History:   L. 1945, ch. 180, § 19; L. 1974, ch. 122, § 17; March 18.