Current as of April 14, 2021 | Updated by FindLaw Staff
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After the registration of a refunding bond and the sale and delivery of the bond to the purchaser, the proceedings that authorize the refunding bond, any escrow agreement relating to the refunding bond, and any contract providing security or payments with respect to the refunding bond are:
(1) incontestable in any court or other forum for any reason; and
(2) valid and binding obligations in accordance with their terms for any purpose.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 1207.064. Incontestability of Certain Escrow Agreements and Contracts - last updated April 14, 2021 | https://codes.findlaw.com/tx/government-code/gov-t-sect-1207-064/
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