§ 1-07-04 — Procedure on public securities of municipalities validated

Validations heretofore effected by legislative enactment of defective or irregular procedure
in the creation, execution, or issuance of bonds or any other forms of public securities of any

municipality, and validations of debts, bonds, or other public securities of such municipalities
theretofore contracted or issued without authority previously existing therefor, shall continue
unaffected by the repeal or by the consolidation and revision of any validating act. Any debts,
bonds, or other public securities may be funded or refunded under the provisions of title 21.