2005 Idaho Code - 70-2107 — PUBLICATION OF PROCEEDINGS -- CONTEST PERIOD

                                  TITLE  70
                       WATERCOURSES AND PORT DISTRICTS
                                  CHAPTER 21
                         IDAHO PORT DISTRICT ECONOMIC
                          DEVELOPMENT FINANCING ACT
    70-2107.  PUBLICATION OF PROCEEDINGS -- CONTEST PERIOD. The resolution
authorizing the issuance of any revenue bonds hereunder and the execution of
an indenture as security therefor shall be published one (1) time in a
newspaper of general circulation in the port district. Any such indenture, or
other instrument authorized in such resolution to be executed, may be
incorporated as an exhibit to such resolution but need not be published as
part of the resolution. For a period of thirty (30) days from the date of such
publication any person in interest may file suit in any court of competent
jurisdiction to contest the regularity, formality or legality of the
proceedings authorizing the revenue bonds, or the legality of such resolution
and its provisions or of the revenue bonds to be issued pursuant thereto and
the provisions securing the revenue bonds. After the expiration of such thirty
(30) day period no one shall have any right of action to contest the validity
of the revenue bonds or of such proceedings or of such resolution or the
validity of the pledges and covenants made in such proceedings and resolution
and the revenue bonds and the provisions for their payment shall be
conclusively presumed to be legal and no court shall thereafter have authority
to inquire into such matters.