48-5345. Liability; bond validity
A. The members of the board or a person executing the bonds is not personally liable for the payment of the bonds.
B. The bonds are valid and binding obligations of the board notwithstanding the fact that before the delivery of the bonds any of the officers whose signatures appear on the bonds cease to be officers of the board.
C. From and after the sale and delivery of the bonds, the bonds are incontestable by the board or the county.
Section: Previous 48-5313 48-5314 48-5315 48-5341 48-5342 48-5343 48-5344 48-5345 48-5346 48-5347 48-5348 48-5349 48-5350 48-5351 48-5352 NextLast modified: October 13, 2016