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Senate Bill 0419

Senate Bill 0419

ARCHIVE (2000)

Latest Information

DIGEST OF SB419 (Updated February 23, 2000 7:54 PM - DI 84)

Validation of bonds and other agreements. Legalizes and validates the following obligations or agreements if executed or entered into before March 15, 2000: (1) Bonds, notes, evidences of indebtedness, leases, or other written obligations issued by or in the name of a state or local government entity. (2) Contracts for the purchase of electric power and energy or utility capacity or service entered into by a joint agency for the purpose of securing payment of principal and interest on bonds or other written obligations. (3) All interlocal cooperation agreements entered into by political subdivisions or governmental entities.
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