Tex. Gov't Code § 1207.064 · Subchapter C. DIRECT DEPOSIT WITH PAYING AGENT
INCONTESTABILITY OF CERTAIN ESCROW AGREEMENTS AND CONTRACTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1207.htm
- Text hash
- sha256 d18a318a19811189a0c2014f8220f3a6ad290ce81b877a70d2195a06ec6f09be
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.