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C-19 - Cities and Towns Act

Section 468.40
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468.40. The municipalities whose territory is subject to the jurisdiction of the board are jointly and severally liable towards the holders of bonds, notes or other debt securities issued by the board for the repayment thereof, in capital and interest.
1979, c. 83, s. 5; 1992, c. 27, s. 10; 1996, c. 2, s. 209.
468.40. The corporations whose territory is subject to the jurisdiction of the board are jointly and severally liable towards the holders of bonds, notes or other debt securities issued by the board for the repayment thereof, in capital and interest.
1979, c. 83, s. 5; 1992, c. 27, s. 10.
468.40. The corporations whose territory is subject to the jurisdiction of the board are jointly and severally liable towards the holders of bonds or of notes issued by the board for the repayment of such securities, in capital and interest.
1979, c. 83, s. 5.
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