Section 46. Suit on authority bonds

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In any suit, action or proceeding upon
  any  bond  of  an  authority  or  the  security  therefor, any such bond
  reciting in substance that it has been issued by the authority to aid in
  financing a project to provide dwelling accommodations  for  persons  of
  low  income  pursuant to the procedure required in this chapter shall be
  conclusively deemed to have been issued for a project of such  character
  and pursuant to such procedure.

                    
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