Texas Water Code

§ 36.181 — APPROVAL BY ATTORNEY GENERAL; REGISTRATION BY COMPTROLLER

WA § 36.181Title 2. WATER ADMINISTRATION · Part E. GROUNDWATER MANAGEMENT · Ch. 36. GROUNDWATER CONSERVATION DISTRICTS · Art. F. BONDS AND NOTES

Statute text

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(a)Bonds and notes issued by a district must be submitted to the attorney general for examination.

(b)If the attorney general finds that the bonds or notes have been authorized in accordance with law, the attorney general shall approve them, and they shall be registered by the comptroller.

(c)After the approval and registration of bonds or notes, the bonds or notes are incontestable in any court or other forum, for any reason, and are valid and binding obligations in accordance with their terms for all purposes.

Legislative history

Added by Acts 1995, 74th Leg., ch. 933, Sec. 2, eff. Sept. 1, 1995.