Sec. 21. A municipality may invest its own money in the bonds issued under section 18 of this chapter. As added by Acts 1982, P.L.74, SEC.1.
Bonds payable out of special account; purchase by municipality
Ind. Code § 8-1.5-2-21, under Transfer, Acquisition, and Improvement of Utilities by Municipalities.
Ind. Code § 8-1.5-2-21