                                 CODE OF VIRGINIA

DECREE VALIDATING BONDS BINDING AND CONCLUSIVE (§ 15.2-2657)

In the event the decree of the court validates the bonds and no appeal is taken
within the time prescribed in § 15.2-2656, or if an appeal is taken and the
decree of the court is affirmed, the decree shall be forever binding and
conclusive as to the validity of the bonds, the validity of the tax or other
means provided for the payment of the bonds, and the validity of all pledges of
revenues and of all covenants and provisions contained in any ordinance,
resolution, trust agreement, indenture, or other instrument authorizing or
providing for the issuance of the bonds, the legality of proceedings taken in
connection with the issuance of the bonds, and all matters adjudicated and all
objections presented or which might have been presented in the proceeding, and
shall constitute a permanent injunction against the institution by any person of
any action or proceeding contesting the validity of the bonds or any other
matter adjudicated or which might have been called in question in such
proceedings.

HISTORY: Code 1950, § 15-666.61; 1958, c. 640; 1962, c. 623, § 15.1-220; 1991,
c. 668, § 15.1-227.59; 1997, c. 587.