84.00 - Effect of recital of validity in obligations.

§  84.00  Effect  of  recital  of  validity  in  obligations.   If the  obligations issued pursuant to a resolution or certificate published  in  the manner provided in this title contain a recital in substantially the  form  prescribed  in  section  52.00 of this chapter, such recital shall  bind the municipality, school district or district  corporation  issuing  such  obligations,  and twenty days after such resolution or certificate  shall have been published and after such obligations have been purchased  in good faith and for fair value by any person,  the  validity  of  such  obligations  shall  not  be  questioned  by  such  municipality,  school  district or district corporation or any taxpayer thereof in any court.