Sec. 52.86. APPROVAL AND REGISTRATION. (a) The attorney general shall examine the bonds and the records relating to the bonds' issuance.
(b) If the attorney general finds that the bonds have been issued in accordance with law, the attorney general shall approve the bonds, and the comptroller of public accounts shall register the bonds.
(c) Following approval and registration, the bonds are incontestable and are binding obligations according to their terms.
Added by Acts 1991, 72nd Leg., 2nd C.S., ch. 5, Sec. 1.
Structure Texas Statutes
Subtitle A - Higher Education in General
Chapter 52 - Student Loan Program
Subchapter F. Additional Bonds
Section 52.84. Execution; Registration
Section 52.85. Marketing; Distribution
Section 52.86. Approval and Registration
Section 52.88. Replacement of Bond
Section 52.90. Loans From Fund
Section 52.91. Bonds for Former Texas B-on-Time Student Loan Program