Presumption of validity

35-A M.R.S. § 4152, under MAINE MUNICIPAL AND RURAL ELECTRIFICATION COOPERATIVE AGENCY ACT.

35-A M.R.S. § 4152

After issuance, all bonds or notes of the agency shall be conclusively presumed to be fully authorized and issued under the laws of the State and any person or governmental unit shall be stopped from questioning their authorization, sale, issuance, execution or delivery by the agency.