Section 90015 Of Article 2. The State University Revenue Bond Act Of 1947 From California Education Code >> Division 8. >> Title 3. >> Part 55. >> Chapter 8. >> Article 2.

. The validity of the authorization and issuance of any revenue bonds or revenue bond anticipation notes by the board is not dependent on nor affected in any way by:
  (a) Proceedings taken by the board for the acquisition, construction or completion of any project or any part thereof.
  (b) Any contracts made by the board in connection with the acquisition, construction or completion of any project.
  (c) The failure to complete any project for which bonds or notes are authorized to be issued.