Order of dissolution not to be entered until bonded indebtedness liquidated or consent of bondholders filed.

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If the district has an outstanding bonded indebtedness or has issued bonds of the district under the provisions of this chapter, which are unpaid, the district court shall not enter its order dissolving such district unless and until the bonded indebtedness shall have been liquidated or the consent of the bondholders to the dissolution of the district shall have been filed in writing with the court.

[Part 47:64:1919; A 1933, 261; 1931 NCL § 8063]


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