6-8B-63. Determination by governing body on limitations conclusive absent fraud or abuse.
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/sd/title-6/chapter-6-8/6-8b-63·A 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 of the limitations imposed upon the issuance of a credit enhancement obligation have been met is conclusive in the absence of fraud or arbitrary and gross abuse of discretion.