10-301 Power and duty of political subdivisions.
10-301. Power and duty of political subdivisions.Any county, precinct, township or town, city, village or school district is hereby authorized and required to compromise its indebtedness in the manner hereinafter provided. SourceLaws 1903, c. 10, § 1, p. 63; R.S.1913, § 400; C.S.1922, § 317; C.S.1929, § 11-301; R.S.1943, § 10-301.