Payment of bond sale proceeds and revenue of works

Sec. 17. Unless this article otherwise provides, the board may provide by ordinance or in the trust indenture for the payment of: (1) the proceeds of the sale of the bonds; and (2) the revenues of the works; to the officer, board, or depository that the board determines for the custody of the money and for the method of disbursement, with safeguards and restrictions that the board determines. [Pre-1996 Recodification Citation: 13-3-2-19(d) part.] As added by P.L.1-1996, SEC.16.