257B.17 - LIABILITY OF COUNTY.

        257B.17  LIABILITY OF COUNTY.
         Each county is liable for losses upon loans of the permanent
      school fund, principal or interest, made in the county, unless the
      loss was not occasioned by reason of a default of its officers or by
      taking insufficient or imperfect securities, or from a failure to bid
      at an execution sale the full amount of the judgment and costs.  
         Section History: Early Form
         [C73, § 1860; C97, § 2848; C24, 27, 31, 35, 39, § 4485; C46,
      50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 302.17] 
         Section History: Recent Form
         83 Acts, ch 185, § 17, 62
         C93, § 257B.17