GroundRules
7-7-134: Role of state and state agencies in relation to bankruptcy.
Where this section sits in the code
- TITLE 7. LOCAL GOVERNMENT
- CHAPTER 7. DEBT MANAGEMENT
- Part 1. General Provisions Related to Local Governments
The state or any department or agency of the state holding any of the securities of a local entity has the power to consent to any plan of adjustment of the indebtedness of the local entity by the board or official that has custody of and control over the securities.
Collected 2026-09-14T04:44:57Z. Source file · JSON