63B-6-413. 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 conditions precedent.
Enacted by Chapter 391, 1997 General Session