48-2752. Action to determine validity of bonds; appeal
185 words·~1 min read·
/az/title-48/48-2752A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. The board of directors shall, within thirty days after entry of the order directing the issuance of any bonds, commence an action in the superior court of the county in which the office of the board is located, to determine the validity of the bonds.
B. The action shall be in the nature of a proceeding in rem, and jurisdiction of all parties interested may be acquired by publication of summons for at least once a week for three weeks in a newspaper of general circulation designated by the court and published in the county where the action is pending. Service of summons shall be complete thirty days after the first publication thereof.
C. Any person interested may, at any time before expiration of such thirty days, appear and contest the validity of the bonds. The action shall be speedily tried and judgment rendered declaring the contested bonds valid or invalid.
D. Either party may appeal to the supreme court within thirty days after entry of judgment. The appeal shall be heard and determined within three months from the time of taking the appeal.