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Chapter-261a >
261a-25
261A.25 NOTICE.
The authority shall publish a notice of its intention to issue
obligations in a newspaper published in and with general circulation
in the state. The notice shall include a statement of the maximum
amount of obligations proposed to be issued, and in general terms,
what receipts will be pledged to pay bond service charges on the
obligations. An action which questions the legality or validity of
the obligations or the power of the authority to issue the
obligations or the effectiveness or validity of any proceedings
adopted for the authorization or issuance of the obligations shall
not be brought after sixty days from the date of publication of the
notice. Section History: Early Form
[82 Acts, ch 1031, § 25]
Referred to in § 261A.6
