The authority herein granted to authorize the issuance of general obligation refunding bonds shall in no way be affected by the invalidity of or any irregularity in any proceedings authorizing the issuance of the general obligation bonds to be refunded, except that general obligation refunding bonds shall not be issued to refund bonds theretofore adjudged invalid by the final judgment of a court of competent jurisdiction.
Fla. Stat. § 132.46
Effect of invalidity or irregularity in prior proceedings
Known as the Advance Refunding Law
The act spans §§ 132–132 (46 sections).
History.--s. 1, ch. 86-181.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.