After issuance, all bonds of the authority, and the purchase of all municipal bonds with the proceeds of the bonds, and any contracts entered into in connection with issuance of the bonds, shall be conclusively presumed to be fully authorized and issued under the laws of the state, and all persons, entities and municipalities are estopped from questioning the authorization, sale, issuance, execution or delivery of the bonds and other agreements by the authority.
Idaho Code § 67-8712
Presumption of validity
Known as the Idaho Bond Bank Authority Act
The act spans §§ 67–67 (29 sections).
I.C., § 67-8712, as added by 2001, ch. 130, § 1, p. 451; am. 2005, ch. 389, § 4, p. 1250.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.