Sec. 363.134. APPROVAL AND REGISTRATION. (a) A public agency shall submit bonds issued by the public agency and records relating to their issuance to the attorney general for examination as to their validity. If the bonds are secured by a pledge of proceeds from a contract, the public agency shall submit to the attorney general for examination a copy of the contract and a copy of the records relating to the contract.
(b) If the attorney general finds that the bonds have been authorized and a contract entered into in accordance with law, the attorney general shall approve the bonds, and the comptroller shall register the bonds.
(c) Following approval and registration, the bonds are incontestable and are binding obligations according to their terms.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Structure Texas Statutes
Title 5 - Sanitation and Environmental Quality
Subtitle B - Solid Waste, Toxic Chemicals, Sewage, Litter, and Water
Chapter 363 - Municipal Solid Waste
Section 363.131. Authority to Issue Bonds
Section 363.133. Bond Provisions
Section 363.134. Approval and Registration
Section 363.135. Bond Payment and Security
Section 363.136. Bond Election
Section 363.137. Other Security
Section 363.138. Bond Sale and Exchange
Section 363.139. Investment and Use of Proceeds
Section 363.140. Refunding Bonds
Section 363.141. Legal Investments; Security for Deposits
Section 363.142. Tax Status of Bonds
Section 363.143. Fees for Services