Texas Statutes (Last Updated: January 4, 2014) |
WATER CODE |
Title 2. WATER ADMINISTRATION |
Subtitle C. WATER DEVELOPMENT |
Chapter 17. PUBLIC FUNDING |
Subchapter E. PROVISIONS GENERALLY APPLICABLE TO FINANCIAL ASSISTANCE |
Sec. 17.178. BONDS INCONTESTABLE
Latest version.
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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.
Amended by Acts 1987, 70th Leg., ch. 1103, Sec. 1, eff. Sept. 1, 1987.