Sec. 17.178. BONDS INCONTESTABLE. 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.
Structure Texas Statutes
Title 2 - Water Administration
Subtitle C - Water Development
Subchapter E. Provisions Generally Applicable to Financial Assistance
Section 17.173. Method of Financial Assistance
Section 17.174. Conditional Approval
Section 17.1765. Certification of Application
Section 17.177. Approval and Registration
Section 17.178. Bonds Incontestable
Section 17.179. Security for Bonds
Section 17.181. Sale of Bonds by Board
Section 17.182. Proceeds From Sale
Section 17.183. Construction Contract Requirements
Section 17.184. Filing Construction Contract
Section 17.185. Inspection of Projects
Section 17.186. Alteration of Plans
Section 17.187. Certificate of Approval
Section 17.188. Obtaining Financial Assistance
Section 17.189. Considerations for Certain Financial Assistance