Sec. 36.181. APPROVAL BY ATTORNEY GENERAL; REGISTRATION BY COMPTROLLER. (a) Bonds and notes issued by a district must be submitted to the attorney general for examination.
(b) If the attorney general finds that the bonds or notes have been authorized in accordance with law, the attorney general shall approve them, and they shall be registered by the comptroller.
(c) After the approval and registration of bonds or notes, the bonds or notes are incontestable in any court or other forum, for any reason, and are valid and binding obligations in accordance with their terms for all purposes.
Added by Acts 1995, 74th Leg., ch. 933, Sec. 2, eff. Sept. 1, 1995.
Structure Texas Statutes
Title 2 - Water Administration
Subtitle E - Groundwater Management
Chapter 36 - Groundwater Conservation Districts
Section 36.171. Issuance of Bonds and Notes
Section 36.172. Manner of Repayment of Bonds and Notes
Section 36.173. Additional Security for Bonds and Notes
Section 36.174. Form of Bonds or Notes
Section 36.175. Provisions of Bonds and Notes
Section 36.176. Refunding Bonds
Section 36.177. Bonds and Notes as Investments
Section 36.178. Bonds and Notes as Security for Deposits
Section 36.179. Tax Status of Bonds and Notes
Section 36.181. Approval by Attorney General; Registration by Comptroller