Alaska Statutes (Last Updated: January 11, 2017) |
Title 44. STATE GOVERNMENT. |
Chapter 44.85. ALASKA MUNICIPAL BOND BANK AUTHORITY. |
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)