Sec. 452.355. APPROVAL; REGISTRATION. (a) An authority's bonds and the records relating to their issuance shall be submitted to the attorney general for examination before the bonds may be delivered.
(b) If the attorney general finds that the bonds have been issued in conformity with the constitution and this chapter and that the bonds will be a binding obligation of the issuing authority, the attorney general shall approve the bonds.
(c) After the bonds are approved by the attorney general, the comptroller shall register the bonds.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Subtitle K - Mass Transportation
Chapter 452 - Regional Transportation Authorities
Section 452.352. Power to Issue Bonds
Section 452.355. Approval; Registration
Section 452.356. Incontestability
Section 452.357. Security Pledged
Section 452.358. Use of Revenue
Section 452.359. Refunding Bonds
Section 452.360. Bonds as Authorized Investments
Section 452.361. Exchange of Bonds for Existing System
Section 452.362. Election to Pledge Taxes
Section 452.363. Alternate Election Procedures for Certain Authorities