Texas Statutes (Last Updated: January 4, 2014) |
LOCAL GOVERNMENT CODE |
Title 10. PARKS AND OTHER RECREATIONAL AND CULTURAL RESOURCES |
Subtitle A. MUNICIPAL PARKS AND OTHER RECREATIONAL AND CULTURAL RESOURCES |
Chapter 306. PARK BOARD AND PARK BONDS: MUNICIPALITIES WITH POPULATION OF MORE THAN 40,000 |
Subchapter D. FINANCING |
Sec. 306.052. BOND APPROVAL AND REGISTRATION
Latest version.
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(a) The bonds may not be delivered until:
(1) a transcript of the proceedings authorizing their issuance has been submitted to the attorney general and approved by the attorney general as to legality; and
(2) the bonds have been registered by the comptroller of public accounts.
(b) If approved by the attorney general, the bonds are incontestable except for fraud.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.