Suit for collection of delinquent taxes by bondholder.

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In case the district shall fail to commence suit within ninety days after the taxes have become delinquent the holder of any bond issued by the district may bring suit for the collection of the delinquent taxes. In such event the district shall be included as a defendant and the proceedings in such suit brought by any bondholder shall in all respects be governed by the provisions applicable to suits by the districts.

HISTORY: 1962 Code Section 18-571; 1952 Code Section 18-571; 1942 Code Section 6179; 1932 Code Section 6179; Civ. C. '22 Section 3233; 1920 (31) 663.


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