Sec. 40. Any action to contest the validity of bonds to be issued under this chapter may not be brought after the fifteenth day following:

(1) the receipt of bids for the bonds, if the bonds are sold at public sale; or

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Terms Used In Indiana Code 5-1-17.5-40

  • bonds: has the meaning set forth in Indiana Code 5-1-17.5-6
  • Contract: A legal written agreement that becomes binding when signed.
(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;

whichever occurs first.

As added by P.L.233-2013, SEC.5.