The Vermont Statutes Online

Title 29: Public Property and Supplies

Chapter 16: VERMONT TRANSPORTATION AUTHORITY

Sub-Chapter 05: Sale And Issuance Of Bonds And Notes

29 V.S.A. § 777. Presumption of validity



§ 777. Presumption of validity

After issuance, all bonds and notes of the authority shall be presumed to be fully authorized and issued in conformity with all the laws of this state and any person or governmental unit shall be stopped from questioning their authorization, sale, issuance, execution or delivery by the authority. (Added 1973, No. 14, § 2, eff. Feb. 23, 1973.)