Sec. 306.052. BOND APPROVAL AND REGISTRATION. (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.
Structure Texas Statutes
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
Section 306.051. Revenue Bonds
Section 306.052. Bond Approval and Registration
Section 306.053. Bonds as Negotiable Instruments and Authorized Investments