63B-10-113. Certification of satisfaction of conditions precedent -- Conclusiveness.
66 words·~1 min read·
/ut/title-63b/chapter-10/63b-10-113·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
63B-10-113. Certification of satisfaction of conditions precedent -- Conclusiveness.
(1)The commission may not issue any bond under this chapter until it finds and certifies that all conditions precedent to issuance of the bonds have been satisfied.
(2)A recital on any bond of this finding and certification conclusively establishes the completion and satisfaction of all these conditions.
Enacted by Chapter 321 , 2001 General Session