Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Paving certificates issued hereunder shall have all the qualities of negotiable paper under the law merchant, and shall not be invalid for any irregularity or defect in the proceedings for their issuance, sale or delivery, and shall be incontestable in the hands of bona fide purchasers thereof for value.

Acts 1952, No. 430, §12.