Validation of indebtedness

All outstanding loans and their evidences of indebtedness obtained and processed under the provisions of this chapter are validated, ratified, and confirmed. These evidences of debt are, respectively, found and declared to be valid and subsisting obligations of the makers in accordance with the terms of them. Acts 1967, No. 75, § 4; A.S.A. 1947, § 20-1424. All outstanding loans and their evidences of indebtedness obtained and processed under the provisions of this chapter are validated, ratified, and confirmed. These evidences of debt are, respectively, found and declared to be valid and subsisting obligations of the makers in accordance with the terms of them. Acts 1967, No. 75, § 4; A.S.A. 1947, § 20-1424.