76.16  Debtor status prohibited.

A city, county, or other political subdivision of this state shall not be a debtor under chapter 9 of the federal Bankruptcy Code, 11 U.S.C. § 901 et seq., except as otherwise specifically provided in this chapter.

Section History: Recent form

  87 Acts, ch 104, § 2; 92 Acts, ch 1002, § 1, 3


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