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Author Question: Failure by a school board to follow the legislatively prescribed requirements for issuance of bonds ... (Read 52 times)

ashley

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on: Jul 31, 2018
Failure by a school board to follow the legislatively prescribed requirements for issuance of bonds renders the bonds illegal.
 
  Indicate whether the statement is true(T) or false(F).

Question 2

Issuance of bonds without statutory authority is an ultra vires act.
 
  Indicate whether the statement is true(T) or false(F).


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jgranad15

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Reply #1 on: Jul 31, 2018
Answer to Question 1

T

Answer to Question 2

T


ashley

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Reply #2 on: Jul 31, 2018
Both answers were spot on, thank you once again


jgranad15

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Reply #3 on: Jul 31, 2018
Great! Please up vote :D


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