Section 6-8B-63 - Determination by governing body on limitations conclusive absent fraud or abuse.
6-8B-63. Determination by governing body on limitations conclusive absent fraud or abuse. The determination by a governing body that all of the limitations imposed upon the issuance of a credit enhancement obligation have been met is conclusive in the absence of fraud or arbitrary and gross abuse of discretion.
Source: SL 1992, ch 3, § 12.