A person may not bring a judicial action to contest the constitutionality or validity of this chapter or the constitutionality or validity of a bond issued and sold under this chapter unless the action is commenced in a court of the state of competent jurisdiction within 45 days after the corporation adopts a resolution under AS 37.18.060 authorizing the issuance of bonds. A person that fails to commence an action in the time provided under this section is barred from commencing an action to contest the constitutionality or validity of a bond issued and sold under this chapter.
Structure Alaska Statutes
Chapter 18. Alaska Tax Credit Certificate Bond Corporation
Sec. 37.18.010. Alaska Tax Credit Certificate Bond Corporation.
Sec. 37.18.020. Board of directors.
Sec. 37.18.030. Bond authorization; powers of the corporation.
Sec. 37.18.060. Bond resolution.
Sec. 37.18.070. Enforcement by bond owner.
Sec. 37.18.080. Purposes; limitation on issuance.
Sec. 37.18.100. Bonds as legal investments.
Sec. 37.18.110. Limitation on judicial action.