46 - Suit on authority bonds.

§ 46. Suit on authority bonds.  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.