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14-121-1005. Valid indebtedness unimpaired.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-121-1005. Valid indebtedness unimpaired.
No dissolution of a district under the terms of this act shall impair or deny any creditor of the district the right to the collection of its bona fide and valid indebtedness existing against the district, but the creditors of the district shall be subject to the provisions of this act in connection with the presentation, allowance, or other adjudication with reference to their claim.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-121-1005
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:14-121-1005
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 2a4285e4544210c23b6a54ecfb5d70400aff927437d727fd094e8408e004a721
Source location: content.xml paragraph 31987
Stored source content
14-121-1005. Valid indebtedness unimpaired.
No dissolution of a district under the terms of this act shall impair or deny any creditor of the district the right to the collection of its bona fide and valid indebtedness existing against the district, but the creditors of the district shall be subject to the provisions of this act in connection with the presentation, allowance, or other adjudication with reference to their claim.
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