Texas Water Code

§ 17.178 — BONDS INCONTESTABLE

WA § 17.178Title 2. WATER ADMINISTRATION · Part C. WATER DEVELOPMENT · Ch. 17. PUBLIC FUNDING · Art. E. PROVISIONS GENERALLY APPLICABLE TO FINANCIAL ASSISTANCE

Statute text

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The bonds or other securities issued by a political subdivision are valid, binding, and incontestable after:

(1)approval by the attorney general;

(2)registration by the comptroller; and

(3)purchase by and delivery to the board.

Legislative history

Amended by Acts 1987, 70th Leg., ch. 1103, Sec. 1, eff. Sept. 1, 1987.