Indiana Code 36-7-14.5-24. Action contesting validity of bonds
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Sec. 24. Any action to contest the validity of bonds to be issued under this chapter may not be brought after the fifteenth day following:
(2) the publication one (1) time in a newspaper of general circulation published in the county of notice of the execution and delivery of the contract for the sale of bonds;
(1) the receipt of bids for the bonds, if the bonds are sold at public sale; or
Terms Used In Indiana Code 36-7-14.5-24
- bonds: means bonds, notes, or other evidence of indebtedness issued by the authority. See Indiana Code 36-7-14.5-4
- Contract: A legal written agreement that becomes binding when signed.
whichever occurs first.
As added by P.L.380-1987(ss), SEC.18.