21-27-69 - Obligations under repealed laws remain valid.
§ 21-27-69. Obligations under repealed laws remain valid.
The repeal heretofore of any law authorizing a municipality to borrow money and issue bonds to acquire or improve any system shall not affect the validity of any bonds issued or contracts entered into under the provisions of any such repealed laws.
Sources: Codes, 1942, § 3519-30; Laws, 1950, ch. 494, § 30, eff from and after July 1, 1950.