Denial of right to issue bonds
Ind. Code § 14-33-11-9
in effectSec. 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/14Fetched: 10/17/2026