Sec. 8. The provisions of all general statutes and rules relating to: (1) filing petitions requesting the issuance of bonds and giving notice of the issuance of bonds; (2) giving notice of determination to issue bonds; (3) giving notice of a hearing on the appropriation of the proceeds of the bonds and the right of taxpayers to appear and be heard on the proposed appropriation; and (4) the right of taxpayers and voters to remonstrate against or vote on, as applicable, the issuance of bonds; apply to proceedings for the issuance of bonds and the making of an emergency loan under this article and IC 20-26-1 through IC 20-26-5 . An action to contest the validity of the bonds or emergency loans may not be brought later than five (5) days after the acceptance of a bid for the sale of the bonds. [Pre-2006 Recodification Citation: 21-2-21-7.]
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