No merger of a district under the terms of this subchapter shall impair or deny any creditor of the merging districts the right to the collection of its bona fide and valid indebtedness existing against the districts, but the creditors of the districts shall be subject to the provisions of this subchapter in connection with the presentation, allowance, or other adjudication with reference to their claim.
Section: Previous 14-121-1102 14-121-1103 14-121-1104 14-121-1105 14-121-1106 14-121-1107 14-121-1108 14-121-1109 14-121-1110 NextLast modified: November 15, 2016