Code of Alabama
Article 9 - Alabama Judicial Building Authority.
Section 41-10-278 - Presumption of Validity of Bonds and Publication of Notice Thereof; Civil Action Challenging Validity.

Any resolution authorizing any bonds hereunder shall contain a recital that they are issued pursuant to the provisions of this article, which recital shall be conclusive evidence that said bonds have been duly authorized pursuant to the provisions of this article, notwithstanding the provisions of any other law now in force or hereafter enacted or amended. Upon the passage of any resolution providing for the issuance of bonds under the provisions of this article, the authority may, in its discretion, cause to be published once in each of two consecutive weeks in a newspaper published and having general circulation in the City of Montgomery a notice in substantially the following form (the blanks being first properly filled in):
Alabama Judicial Building Authority, a public corporation in the State of Alabama, on the _____ day of _____, 20__, adopted a resolution providing for the issuance of _____ dollars principal amount of bonds of said authority. Any action or proceeding questioning the validity of said resolution or said bonds or the pledge and agreements made in said resolution for the benefit thereof, or the proceedings under which said bonds, pledge and agreements were authorized, must be commenced within twenty days after the first publication of this notice.
Any civil action or proceeding in any court seeking to set aside or invalidate a resolution providing for the issuance of bonds under the provisions of this article or to contest the validity of any such bonds, or the validity of any pledge or agreement made therefor, must be commenced within 20 days after the first publication of said notice. After the expiration of 20 days following such first publication, no right of action or defense founded upon the validity of the resolution or other proceedings, if any, or of the bonds, or of the pledge or agreements, shall be asserted. In the event of such publication the validity of such resolution, proceedings, bonds, pledge or agreements shall not be open to question in any court upon any ground whatever, except in a civil action or proceeding commenced within such period. Any such action and any action to protect or enforce any rights under the provisions of this article shall be brought in the Circuit Court of Montgomery County.

Structure Code of Alabama

Code of Alabama

Title 41 - State Government.

Chapter 10 - Authorities.

Article 9 - Alabama Judicial Building Authority.

Section 41-10-260 - Definitions.

Section 41-10-261 - Legislative Intent; Liberal Construction.

Section 41-10-262 - Authority to Incorporate.

Section 41-10-263 - Procedure for Incorporation.

Section 41-10-264 - Certificate of Incorporation; No Fees for Incorporation or Dissolution.

Section 41-10-265 - Members, Directors and Officers of Authority; Quorum; Vacancies; No Additional Salary for Service to Authority; Effect of Resolutions; Record of Proceedings; Establishment of Legislative Oversight Committee.

Section 41-10-266 - Meetings of Board of Directors.

Section 41-10-267 - Powers of Authority.

Section 41-10-268 - Authorization, Issuance and Sale of Bonds.

Section 41-10-268.1 - Issuance of Bonds - 2007 Authorization.

Section 41-10-269 - Execution of Bonds.

Section 41-10-270 - Use of Proceeds From Sale of Bonds.

Section 41-10-271 - Acquisition, Construction, etc., of Judicial Facilities; Award of Contract; Payments Under Contract; Building Commission Expenses; Revision of Plans.

Section 41-10-272 - Creation of Fund for Payment of Bonds.

Section 41-10-273 - Security for Bonds; Collection and Application of Revenues Pledged to Payment of Bonds; Terms of Leases of Judicial Facilities; Maintenance and Insurance of Judicial Facilities; Reserve and Other Funds; Rights of Holders of Bonds...

Section 41-10-274 - State Treasurer to Disburse Funds for Payment of Bonds.

Section 41-10-275 - Terms and Conditions of Leasing by Authority.

Section 41-10-276 - Investment of Proceeds From Sale of Bonds; Disposition of Investment Income.

Section 41-10-277 - Refunding Bonds.

Section 41-10-278 - Presumption of Validity of Bonds and Publication of Notice Thereof; Civil Action Challenging Validity.

Section 41-10-279 - Exemption From Taxation.

Section 41-10-280 - Bonds Constitute Negotiable Instruments; Registration of Transfers.

Section 41-10-281 - Obligations Not Debt of State.

Section 41-10-282 - Bonds Are Lawful Security for State Deposits; Investment of State, Retirement, and Other Fiduciary Funds in Bonds of Authority.

Section 41-10-283 - Earnings of Authority.

Section 41-10-284 - Dissolution of Authority.