Sec. 19. Bonds or notes issued under this act by an authority are validated. An authority acting under this act or any constituent unit, including the county, shall not contest the validity of bonds or notes issued under this act or any contract which provides the security therefor, after the bonds are sold and delivered and the authority has received the consideration therefor.
Mich. Comp. Laws § 120.119
Validation of bonds or notes; contesting validity
Known as the Hertel-Law
The act spans §§ 120.101 to 120.130 (31 sections).
1978, Act 639, Imd
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.