Sec. 372.028. APPROVAL AND REGISTRATION. (a) Revenue bonds issued under this subchapter and a record of the proceedings authorizing their issuance must be submitted to the attorney general for examination. If bonds state that they are secured by a pledge of revenue or rentals from a contract or lease, a copy of the contract or lease and a description of the proceedings authorizing the contract or lease must also be submitted to the attorney general.
(b) If the attorney general determines that the bonds were authorized and the contracts or leases related to the bonds were made in accordance with the law, the attorney general shall approve the bonds and the contract or lease. On the approval of the attorney general, the comptroller of public accounts shall register the bonds.
(c) Bonds and contracts or leases approved and registered under this section are valid and binding obligations for all purposes in accordance with their terms and are incontestable in any court or other forum.
(d) General obligation bonds issued under this subchapter shall be approved and registered as provided by law.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Structure Texas Statutes
Title 12 - Planning and Development
Subtitle A - Municipal Planning and Development
Chapter 372 - Improvement Districts in Municipalities and Counties
Subchapter A. Public Improvement Districts
Section 372.002. Exercise of Powers
Section 372.003. Authorized Improvements
Section 372.0035. Common Characteristic or Use for Projects in Municipalities
Section 372.004. Combined Improvements
Section 372.0055. Deferred Assessment; Estimate
Section 372.007. Feasibility Report
Section 372.008. Advisory Body
Section 372.010. Improvement Order
Section 372.012. Area of District
Section 372.0121. Inclusion of Property in Common Characteristic Public Improvement District
Section 372.014. Assessment Plan; Payment by Exempt Jurisdictions
Section 372.015. Determination of Assessment
Section 372.016. Assessment Roll
Section 372.017. Levy of Assessment
Section 372.0175. Contracts for Collection of Assessments
Section 372.018. Interest on Assessment; Lien
Section 372.019. Supplemental Assessments
Section 372.021. Special Improvement District Fund
Section 372.022. Separate Funds
Section 372.023. Payment of Costs
Section 372.024. General Obligation and Revenue Bonds
Section 372.025. Terms and Conditions of Bonds
Section 372.027. Refunding Bonds
Section 372.028. Approval and Registration