15-1689. Validity of bonds


The bonds bearing the signatures of officers of the board in office on the date of
the signing thereof shall be valid and binding obligations, notwithstanding that before
the delivery thereof and payment therefor any or all persons whose signatures appear
thereon shall have ceased to be such officers. The validity of the bonds shall not be
dependent on nor affected by the validity or regularity of any proceedings to acquire any
project financed by the bonds, or to refund outstanding bonds, or taken in connection
therewith.