Borrowing funds from conservancy district--Pledge of district credit.

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46A-6-41.1. Borrowing funds from conservancy district--Pledge of district credit.

The provisions of §46A-6-41 notwithstanding, the board of directors of any irrigation district may borrow funds from the conservancy district as set forth in §46A-1-64 if the funds are used for study, planning, design, or engineering purposes. The board may pledge the credit of the district to repay the funds.

Source: SL 1984, ch 294, §37.


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