Section 44.85.260. Presumption of validity.  


Latest version.
  • After issuance, all bonds or notes of the bond bank authority shall be conclusively presumed to be fully authorized and issued under the laws of the state, and a person or a municipality is estopped from questioning their authorization, sale, issuance, execution, or delivery by the bond bank authority.

Notes


History

(Sec. 1 ch 79 SLA 1975)