An issuer may bring an action under this chapter:

1. (1) concurrently with or after the use of another procedure to obtain a declaratory judgment, approval, or validation;
2. (2) before or after the public securities are authorized, issued, or delivered;
3. (3) before or after the attorney general approves the public securities; and
4. (4) regardless of whether another proceeding is pending in any court relating to a matter to be adjudicated in the suit.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.