Sec. 9. If the board is denied the right to issue bonds as a result of remonstrance proceedings or an election on a local public question held under IC 6-1.1-20-3.6:
(1) all contracts let by the board for work to be paid from the sale of bonds are void; and
(2) no liability accrues to the district or to the board.
[Pre-1995 Recodification Citation: 13-3-3-90.]
As added by P.L.1-1995, SEC.26. Amended by P.L.146-2008, SEC.430.
Structure Indiana Code
Title 14. Natural and Cultural Resources
Article 33. Conservancy Districts
14-33-11-2. Total Amount of Bonds
14-33-11-3. Method of Issuance
14-33-11-5. Restrictions in Issuance
14-33-11-6. Negotiability, Registration, Advertisement, and Sale
14-33-11-7. Interest of Directors; Disclosure
14-33-11-8. Notice of Sale; Right to Remonstrate Against or Vote Against Bonds