Sec. 317.109. REVIEW AND APPROVAL OF CONTRACTS RELATING TO REVENUE BONDS. (a) If revenue bonds issued under this chapter state that they are secured in whole or in part by a pledge of the proceeds from a contract between the municipality and another person, a copy of the contract and of the proceedings authorizing the contract must be submitted to the attorney general with the bond record.
(b) The approval by the attorney general of the bonds is approval of the contract.
(c) After approval, the contract is incontestable except for forgery or fraud.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 24, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle E - Municipal Streets
Section 317.102. Authority to Issue Bonds
Section 317.106. Sale of Bonds
Section 317.107. Contents of Ordinance Authorizing Issuance of Revenue Bonds
Section 317.108. Adoption and Execution of Documents
Section 317.109. Review and Approval of Contracts Relating to Revenue Bonds
Section 317.110. Security for and Payment of Bonds Payable From Revenue