| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the incontestability of certain contracts or leases |
|
|
submitted to the attorney general by certain water districts. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 49.184(e), Water Code, is amended to |
|
|
read as follows: |
|
|
(e) A contract or lease in which the proceeds of the |
|
|
contract or lease are pledged to the payment of a bond may be |
|
|
submitted to the attorney general along with the bond records, and, |
|
|
if submitted, the approval by the attorney general of the bonds |
|
|
shall constitute an approval of the contract or lease and the |
|
|
contract or lease shall be incontestable. |
|
|
SECTION 2. This Act takes effect September 1, 2017. |