48-3167. Agreement by board to guarantee payment of converted liens
The board of directors may enter into an agreement guaranteeing payment of the principal, any installment thereof, and interest thereon of converted liens as a district obligation. The agreement shall be in such form and tenor as may be approved by a two-thirds vote of the board of directors, and when so approved and executed shall thereafter be binding upon the district and irrevocable without consent of the parties thereto.
Section: Previous 48-3160 48-3161 48-3162 48-3163 48-3164 48-3165 48-3166 48-3167 48-3168 48-3169 48-3181 48-3182 48-3183 48-3184 48-3185 NextLast modified: October 13, 2016