Sec. 25-92. Segregation and use of assessment funds.
Sec. 25-92. Segregation and use of assessment funds. The proceeds of such assessments, whether or not pledged for the payment of securities, shall be segregated
from other funds of the municipality and shall be used only to pay for the construction
or reconstruction of the flood or erosion control system or particular portion thereof in
respect to which such assessments are made or, as the case may be, for the payment of
the interest on or principal of any securities issued to pay for such system or particular
portion thereof.
(1955, S. 2391d.)