Indiana Statutes
§ 21-35-3-24 — Actions to contest validity of bonds
Indiana·Title 21 HIGHER EDUCATION·Art. 35 STATE EDUCATIONAL INSTITUTIONS:·Ch. 3 Acquisition of Certain Support Facilities and Research
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 the execution and delivery of the contract
of sale for the bonds if the bonds are sold at negotiated sale.
The state educational institution shall publish notice under subdivision
(2)if the state educational institution sells bonds at negotiated sales no
later than thirty (30) days after the execution of the contract of sale for
the bonds.
[Pre-2007 Higher Education Recodification Citation:
20-12-8-9.]
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Legislative History
As added by P.L.2-2007, SEC.276.
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