The provisions of all general statutes and rules relating to:

1. (1) filing petitions requesting the issuance of bonds and giving notice of the issuance of bonds;
2. (2) giving notice of determination to issue bonds;
3. (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. (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.]

As added by P.L.2-2006, SEC.171. Amended by P.L.219-2007, SEC.99; P.L.146-2008, SEC.523.