Current through the 2024 Fourth Special Session
Section 11-14-304.5 - Recital in bonds - Incontestability(1) In the resolution authorizing bonds to be issued as provided in this chapter or other applicable law, a local political subdivision may require that the bonds recite that they are issued under authority of this chapter or other applicable law.(2)(a) A bond recital as provided in Subsection (1) conclusively establishes full compliance with all the provisions of applicable law.(b) All bonds issued containing a recital as provided in Subsection (1) shall be incontestable for any reason after their delivery for value.Enacted by Chapter 83, 2006 General Session.