Validity of Authorization and Issuance of Bonds, Notes, or Other Evidences of Indebtedness

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Sec. 19. The validity of the authorization and issuance of the bonds, notes, or other evidences of indebtedness is not dependent on or affected in any way by the following:

(1) Proceedings taken for the improvement for which the bonds, notes, or other evidences of indebtedness are to be issued.

(2) Contracts made in connection with the improvement.

[Pre-1995 Recodification Citation: 13-3-4-8(c) part.]

As added by P.L.1-1995, SEC.26.


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