475.70 LOST INSTRUMENTS; INDEMNITY.
If the owner of any obligation which is destroyed or lost, first gives a satisfactory surety
bond to the municipality, in a sum double the amount of such obligation, conditioned to save it
harmless in the premises, the governing body thereof may authorize the issuance of another to the
owner in its place, corresponding with the missing obligation as to number, date, amount, and
unpaid coupons. Such obligation shall be signed by the proper officials who are then in office, and
shall be marked and dated as provided in section
. The treasurer shall keep a record of all
reissues and duplicates showing the date of issue and the persons to whom issued.
History: (1971) RL s 792; 1949 c 682 s 20