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Tex. Transp. Code § 431.071

APPROVAL OF BONDS AND NOTES BY ATTORNEY GENERAL

Known as the Texas Transportation Corporation Act

The act spans §§ 431.001 to 431.186 (63 sections).

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff

(a) A corporation shall submit a bond or note authorized under Section 431.070 and a contract supporting its issuance to the attorney general for examination.

(b) If the attorney general finds that the bond or note, and any supporting contract are authorized under this chapter, the attorney general shall approve them.

(c) After approval by the attorney general, a bond, note, or contract may not be contested for any reason.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.