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Show LAUD BOARD ACT HIT IHOPIIIIOII Law Passed in 1935 Held Invalid An attorney general's opinion hold Wednesday that the 1935 legislature acted unconstitutionally In passing an act permitting the land board to accept an amount less than a deficiency defi-ciency judgment on a loan. The opinion, written by & D. Huf-faker, Huf-faker, deputy attorney general, referred re-ferred to a constitutional provision against releasing the Indebtedness of a corporation or individual to the state. , Hia findings were regarded as Important Im-portant in view of a loan liquidation program being carried out by the board. A board subcommittee met Wednesday Wed-nesday to diaruss a liquidation policy. pol-icy. Ths board Itself is expected to adopt a policy at a meeting Thursday. |