Section 9. The certification to the state treasurer as to the amount payable in any year for debt service on such qualified bonds shall be fully conclusive as to such qualified bonds from and after the time of issuance of such qualified bonds, notwithstanding any irregularity, omission, or failure as to compliance with any of the provisions of this chapter with respect to such qualified bonds; provided, however, that such qualified bonds contain a recital to the effect that they are entitled to the benefits of the provisions of the Qualified Bond Act. All persons shall be forever estopped from denying that such qualified bonds are entitled to the benefits of the provisions of this chapter.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title VII - Cities, Towns and Districts
Chapter 44a - Qualified Bond Act
Section 2 - Application to Qualify Bonds; Investigation; Costs
Section 3 - Resolution of Board to Authorize Qualified Bonds; Release
Section 4 - Authorization to Issue Bonds; Time for Adoption of Resolution
Section 5 - Recital of Issuance Pursuant to This Act; Maturity Date
Section 7 - Certification to State Treasurer; Payment of Debt Service; Costs Assessed
Section 8 - Covenant by Commonwealth
Section 9 - Certification Conclusive as to Amount Payable; Estoppel
Section 10 - Obligation to Appropriate or Levy Taxes to Pay Bonds When Due; Rules and Regulations
Section 11 - Bonds for Construction, Etc. of Property
Section 11a - Covenants Contained in Proceedings Authorizing Issuance of Bonds