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