Code of Alabama
Chapter 54A - Downtown Redevelopment Authorities.
Section 11-54A-13 - Notice of Bond Resolution; 30 Days to Bring Action to Question Bond Validity.

Upon the adoption by the board of the authority of any resolution providing for the issuance of bonds, the authority may cause to be published once a week for two consecutive weeks, in a newspaper published or having general circulation in the city, a notice in substantially the following form (the blanks being properly filled in) at the end of which shall be printed the name and title of either the chairman or secretary of such authority.
"The _____ Redevelopment Authority, a public corporation under the laws of the State of Alabama, on the _____ day of _____ authorized the issuance of $_____ principal amount of bonds of the public corporation for purposes authorized in the act of the Legislature of Alabama under which the public corporation was organized. Any action or proceeding questioning the validity of the bonds, or the pledge and the mortgage and deed of trust or trust indenture to secure the same, or the proceedings authorizing the same, must be commenced within 30 days after the first publication of this notice."
A newspaper shall be deemed to be published in the city, within the meaning of this section, if its principal editorial office is located in the city.
Any action or proceeding in any court to set aside or question the proceedings for the issuance of the bonds referred to in the notice or to contest the validity of any such bonds, or the validity of any pledge and mortgage and deed of trust or trust indenture made therefor, must be commenced within 30 days after the first publication of the notice. After the expiration of that period, no right of action or defense questioning or attacking the validity of the proceedings or of the bonds or the pledge or mortgage and deed of trust or trust indenture shall be asserted, nor shall the validity of the proceedings, bonds, pledge, mortgage, and deed of trust or trust indenture be open to question in any court on any ground whatsoever except in an action commenced within the period.

Structure Code of Alabama

Code of Alabama

Title 11 - Counties and Municipal Corporations.

Title 2 - Provisions Applicable to Municipal Corporations Only.

Chapter 54A - Downtown Redevelopment Authorities.

Section 11-54A-1 - Legislative Intent.

Section 11-54A-2 - Definitions.

Section 11-54A-3 - Use of Phrases.

Section 11-54A-4 - Filing of Application; Authorization of Incorporation by Governing Body of City.

Section 11-54A-5 - Procedure to Incorporate; Contents and Execution of Certificate of Incorporation.

Section 11-54A-6 - Amendments to Certificate of Incorporation; Procedure.

Section 11-54A-7 - Board of Directors; Election, Terms, Eligibility, Etc.

Section 11-54A-8 - Officers of Authority.

Section 11-54A-9 - Powers of Authority; All Projects to Be in Development Area.

Section 11-54A-10 - Bonds of Authority.

Section 11-54A-11 - Proceeds From Sale of Bonds.

Section 11-54A-12 - Refunding Bonds.

Section 11-54A-13 - Notice of Bond Resolution; 30 Days to Bring Action to Question Bond Validity.

Section 11-54A-14 - Exemption From Taxation.

Section 11-54A-15 - Liability of City.

Section 11-54A-16 - Exemption From Usury and Interest Laws.

Section 11-54A-17 - Compliance With Competitive Bid Laws.

Section 11-54A-18 - Freedom of Authority From State Supervision and Control.

Section 11-54A-19 - Earnings of Authority.

Section 11-54A-20 - Dissolution of Corporation and Vesting of Title to Property in City.

Section 11-54A-21 - Existence of Authority to Prevent Incorporation of Another by City.

Section 11-54A-22 - Loans, Sales, Grants, etc., of Money, Property, etc., to Authority by Counties, Municipalities, Etc.

Section 11-54A-23 - Provisions Cumulative.

Section 11-54A-24 - Authorities Organized Under Prior Acts.

Section 11-54A-25 - Continued Existence of Authorities Established Before August 1, 2004; Reincorporation.