Use of surplus funds.

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Any surplus funds in the treasury of the district may be used for retiring bonds, reducing loans or obligations, reducing the rate of assessments or for the accomplishing of any other of the legitimate objects of this district.

Added by Laws 1923-24, c. 139, p. 193, § 56. Amended by Laws 1967, c. 382, § 16, emerg. eff. May 23, 1967.


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