6-8B-43. Conclusiveness of determination that limitations have been met.
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/sd/title-6/chapter-6-8/6-8b-43A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The determination by a governing body that all the limitations imposed upon the issuance of refunding bonds have been met is conclusive in the absence of fraud or arbitrary and gross abuse of discretion.