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Current as of January 02, 2024 | Updated by FindLaw Staff
Sec. 8. (a) An action to contest the validity of any action taken under this article may not be brought after the fifteenth day following the date the resolution of:
(1) the IFA;
(2) the NWIRDA; or
(3) the NICTD;
is adopted approving the action taken, provided the applicable statutory procedures have been completed.
(b) If an action challenging an action taken under this article is not brought within the time prescribed by this section, the lease, contract, bonds, notes, obligations, or other action taken shall be conclusively presumed to be fully authorized and valid under the laws of the state and any person is estopped from further questioning the authorization, validity, execution, delivery, or issuance of the lease, contract, bonds, notes, obligations, or other action.
Cite this article: FindLaw.com - Indiana Code Title 5. State and Local Administration § 5-1.3-1-8 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-5-state-and-local-administration/in-code-sect-5-1-3-1-8/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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