Actions to Contest Validity of Bonds

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Sec. 11. An action to contest the validity of any bonds issued under this chapter may not be brought after the fifteenth day following:

(1) the first publication of notice of the sale or intent to sell the bonds under IC 21-32-3 if the bonds are sold at public sale; or

(2) the publication one (1) time in newspapers described in IC 21-32-3-3 of notice of execution and delivery of the contract of sale for the bonds if the bonds are sold at negotiated sale.

[Pre-2007 Higher Education Recodification Citation: 23-13-18-17(e).]

As added by P.L.2-2007, SEC.276.


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