Montana Code 17-5-1625. Presumption of validity
Current as of: 2023 | Check for updates
|
Other versions
17-5-1625. Presumption of validity. After issuance, all bonds or notes of the board are conclusively presumed to be fully authorized by and issued under all the laws of this state and any person or governmental unit is estopped from questioning their proper authorization, sale, issuance, execution, or delivery by the board.
Terms Used In Montana Code 17-5-1625
- Board: means the board of investments created in 2-15-1808. See Montana Code 17-5-1604
- Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201