§ 39.64.010. Purpose of chapter
The purpose of this chapter is to facilitate and permit taxing districts which are unable to meet their debts either in their present amount and/or at the time they fall due, to obtain relief by the readjustment of such debts as provided for by the act of congress hereinafter referred to, by supplementing the powers of those taxing districts for which refunding of debts is provided for by existing statutes, and by providing a method of refunding of debts for those taxing districts for which no method of refunding such debts has heretofore been provided, and by other provisions appropriate to such purposes.
This chapter shall not be construed as in anywise limiting the powers of the federal courts to grant relief as provided for in said act of congress.
[1935 c 143 § 2; RRS § 5608-2.]Sections: Previous 39.64.005 39.64.010 39.64.020 39.64.030 39.64.040 39.64.050 39.64.060 39.64.070 39.64.080 39.64.085 39.64.090 39.64.900 Next
Last modified: April 7, 2009