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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Government Code § 1207.064: INCONTESTABILITY OF CERTAIN ESCROW AGREEMENTS AND CONTRACTS.

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Where this section sits in the code
  1. GOVERNMENT CODE
  2. TITLE 9. PUBLIC SECURITIES
  3. SUBTITLE A. GENERAL PROVISIONS
  4. CHAPTER 1207. REFUNDING BONDS
  5. SUBCHAPTER C. DIRECT DEPOSIT WITH PAYING AGENT

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.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

Collected 2026-08-27T01:47:16Z. Source file · JSON

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