Kansas § 24-1226 Same; liability for outstanding bonded indebtedness

Kansas Statutes

§ 24-1226 — Same; liability for outstanding bonded indebtedness

Kansas·Ch. 24 DRAINAGE AND LEVEES·Art. 12 WATERSHED DISTRICTS

The balance of bonded indebtedness including temporary notes outstanding shall remain a charge upon the territory transferred under the provisions of this act in accordance with the applicable provisions of K.S.A. 10-119, and any amendments thereto. The territory so transferred shall not be liable for any bonded debt including temporary notes and no-fund warrants existing at the time of such transfer of the district of which it shall become a part.

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The balance of bonded indebtedness including temporary notes outstanding shall remain a charge upon the territory transferred under the provisions of this act in accordance with the applicable provisions of K.S.A. 10-119, and any amendments thereto. The territory so transferred shall not be liable for any bonded debt including temporary notes and no-fund warrants existing at the time of such transfer of the district of which it shall become a part.

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