"Debt service"

Ind. Code § 6-1.1-20-1.2, under Chapter 20. Procedures for Issuance of Bonds and Other Evidences of Indebtedness by Political Subdivisions.

Ind. Code § 6-1.1-20-1.2

Sec. 1.2. As used in this chapter, "debt service" means principal of and interest on bonds. The term includes the repayment of an advance from the common school fund under IC 20-49-4-8. As added by P.L.25-1995, SEC.41. Amended by P.L.2-2006, SEC.52.