SECTION 53.101. On-the-Ground Inspection

Prior to approval of a transcript for the first bond issue of a district, there must be an on the ground inspection by an assistant attorney general accompanied by bond counsel of the district with an opportunity to interview the majority of all voters in those instances where 10 or less resident electors participated in any election confirming the creation of a district, including the initial directors' election, or in any election involving passage of a bond issue. It is the responsibility of bond counsel to insure such an inspection is conducted prior to transcript submission.

Source Note: The provisions of this §53.101 adopted to be effective January 1, 1976.