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Author Question: Failure by a school board to follow the legislatively prescribed requirements for issuance of bonds ... (Read 96 times)

ashley

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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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Answer to Question 1

T

Answer to Question 2

T



ashley

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Both answers were spot on, thank you once again




 

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