Texas Water Code § 36.181 Approval By Attorney General; Registration By Comptroller

Sec. 36.181. APPROVAL BY ATTORNEY GENERAL; REGISTRATION BY COMPTROLLER. (a) Bonds and notes issued by a district must be submitted to the attorney general for examination.

(b) If the attorney general finds that the bonds or notes have been authorized in accordance with law, the attorney general shall approve them, and they shall be registered by the comptroller.

(c) After the approval and registration of bonds or notes, the bonds or notes are incontestable in any court or other forum, for any reason, and are valid and binding obligations in accordance with their terms for all purposes.

Added by Acts 1995, 74th Leg., ch. 933, Sec. 2, eff. Sept. 1, 1995.


Section: Previous  36.174  36.175  36.176  36.177  36.178  36.179  36.180  36.181  36.201  36.202  36.203  36.204  36.205  36.206  36.207  Next

Last modified: September 28, 2016