Title 20, Chapter 3, Section 171
( 20-3-171)
Bonds of the authority shall be confirmed and validated in
accordance with the procedure of Article 3 of Chapter 82 of Title
36. The petition for validation shall also make party defendant to
such action any authority, subdivision, instrumentality, or agency
of the state which has contracted with the authority for the use of
any building, structure, or facilities for which bonds have been
issued and sought to be validated; and such other authority,
subdivision, instrumentality, or agency shall be required to show
cause, if any, why such contract or contracts and the terms and
conditions thereof should not be inquired into by the court, the
validity of the terms thereof determined, and the contract
adjudicated as security for the payment of any such bonds of the
authority. The bonds, when validated, and the judgment of validation
with respect to such bonds shall be final and conclusive against the
authority issuing them and against any other authority, subdivision,
instrumentality, or agency contracting with the authority. |