The validity of the authorization and issuance of any revenue bonds by the board is not dependent on or 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 are authorized to be issued.
(Added by Stats. 1982, Ch. 251, Sec. 28. Effective June 11, 1982. Operative July 1, 1982, by Sec. 47 of Ch. 251.)