The bonds or other securities issued by a political subdivision are valid, binding, and incontestable after:
(1) approval by the attorney general;
(2) registration by the comptroller; and
(3) purchase by and delivery to the board.
BONDS INCONTESTABLE
Amended by Acts 1987, 70th Leg., ch. 1103, Sec. 1, eff
The bonds or other securities issued by a political subdivision are valid, binding, and incontestable after:
(1) approval by the attorney general;
(2) registration by the comptroller; and
(3) purchase by and delivery to the board.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.