Sec. 66.315. APPROVAL BY ATTORNEY GENERAL; REGISTRATION BY COMPTROLLER. (a) Bonds issued by the district and the records relating to their issuance must be submitted to the attorney general for examination.
(b) If the attorney general finds that the bonds have been authorized in accordance with law, he shall approve them, and they shall be registered by the comptroller of public accounts.
(c) After the approval and registration of bonds, the bonds 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 1985, 69th Leg., ch. 734, Sec. 1, eff. Sept. 1, 1985.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 66 - Stormwater Control Districts
Subchapter E. General Fiscal Provisions
Section 66.310. Issuance of Bonds
Section 66.311. Manner of Repayment of Bonds
Section 66.314. Provisions of Bonds
Section 66.315. Approval by Attorney General; Registration by Comptroller
Section 66.316. Refunding Bonds
Section 66.317. Bonds as Investments
Section 66.318. Bonds as Security for Deposits
Section 66.319. Mandamus by Bondholders
Section 66.320. Application of Other Laws
Section 66.321. Tax Status of Bonds