Section 11-81-30 Irregularities in proceedings for issuance, etc., not to affect validity of bonds; properties, etc., of bonds. - Alabama Statutes

Section 11-81-30

Irregularities in proceedings for issuance, etc., not to affect validity of bonds; properties, etc., of bonds.

No irregularity in the proceedings to authorize the issue of bonds under this chapter nor the omission or neglect of any officer charged with the execution of any duties imposed by this chapter shall affect the validity of any bonds issued under this chapter.

Such bonds shall have all the properties and protection of commercial paper.

(Acts 1927, No. 478, p. 534; Code 1940, T. 37, §271.)