The validity of the authorization and issuance of any bonds by the Board, with the approval of I Maga’håga/Maga’låhi, is not dependent on nor affected in any way by:
COL 2025-04-22
(a) Proceedings taken by the Board for the acquisition, construction or completion of the system or any part thereof; (b) Any contracts made by the Board in connection with the acquisition, construction or completion of the system or any part thereof; or (c) The failure to complete the system or any part thereof for which bonds are authorized to be issued. SOURCE: GC § 21554. 2025 NOTE: Reference to the “Governor” replaced with I Maga’håga/Maga’låhi pursuant to 5 GCA § 1510.