§ 13164 Bond Validity Conclusive Evidence
Imagine a city sells bonds to raise money for building a new school. A person buys one of these bonds.
Even if someone later argues in court that the city didn’t follow all the rules when selling the bonds, the buyer doesn’t have to prove anything. The city’s decision is final, and the buyer is protected as long as they bought the bond honestly.
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§ 13164 Bond Validity Conclusive Evidence
Last verified: January 23, 2026