DecisionDepot
California legal research

Texas Parks and Wildlife Code

§ 21.016 — BONDS INCONTESTABLE, VALID, AND BINDING

PW § 21.016Title 3. PARKS · Ch. 21. TEXAS PARK DEVELOPMENT FUND · Art. A. TEXAS PARK DEVELOPMENT BONDS

Statute text

View on source
(a)After approval by the attorney general, registration by the comptroller, and delivery to the purchaser, the bonds are incontestable and constitute general obligations of the state.
(b)After approval by the attorney general and registration by the comptroller, the bonds shall be held to be valid and binding obligations of the state in any action, suit, or other proceeding in which their validity is questioned.

Legislative history

Acts 1975, 64th Leg., p. 1405, ch. 545, Sec. 1, eff. Sept. 1, 1975.

Source: Texas Parks and Wildlife Code § 21.016 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.