Idaho Code 67-8712 – Presumption of Validity
Current as of: 2023 | Check for updates
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Terms Used In Idaho Code 67-8712
- Bonds: means bonds, notes or other obligations of the authority issued under this chapter. See Idaho Code 67-8702
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114
After issuance, all bonds of the authority, and the purchase of all municipal bonds with the proceeds of the bonds, and any contracts entered into in connection with issuance of the bonds, shall be conclusively presumed to be fully authorized and issued under the laws of the state, and all persons, entities and municipalities are estopped from questioning the authorization, sale, issuance, execution or delivery of the bonds and other agreements by the authority.