331.477  Current debt authorized.

A debt payable from resources which will have accrued in a fund by the end of the fiscal year in which the debt is incurred may be authorized only by resolution of the board. The debt may take the form of:

1.  Anticipatory warrants subject to chapter 74.

2.  Loans from other county funds.

3.  Other formal short-term debt instruments or obligations.

Section History: Recent form

  83 Acts, ch 123, § 24, 209


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