Sec. 5. A loan under this chapter is not bonded indebtedness for purposes of IC 6-1.1-18.5. As added by P.L.182-2009(ss), SEC.156.
Loan not bonded indebtedness
Ind. Code § 6-1.1-21.3-5, under Chapter 21.3. Rainy Day Fund Loans for Taxing Units Affected by Transmission Manufacturer Bankruptcy.
Ind. Code § 6-1.1-21.3-5