341 chapters · 3,670 sections in this title.
Ind. Code § 8-18-22-4 Ordinance authorizing bonds; method of sale; price
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Sec. 4. (a) The bonds must be authorized by ordinance of the fiscal body. The ordinance must provide the following with respect to the bonds: (1) The original date of the bonds. (2) The time or times that the bonds mature. However, a bond may not mature more than thirty (30) year…
Ind. Code § 8-18-22-5 Optional provisions of ordinance
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Sec. 5. An ordinance authorizing the issuance of bonds under this chapter or trust indenture under which the bonds are issued may contain the following provisions: (1) Pledging revenues of the county to secure the payment of the bonds, subject to section 6 of this chapter and exi…
Ind. Code § 8-18-22-6 Pledge of revenues; covenants not to impair pledged taxes
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Note: This version of section effective until 7-1-2028. See also following version of this section, effective 7-1-2028. Sec. 6. (a) Except as provided in subsection (b), the county fiscal body may pledge revenues for the payment of principal and interest on the bonds and for othe…
Ind. Code § 8-18-22-7 Trust indentures
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Sec. 7. (a) The bonds may be secured by a trust indenture between the county and a bank having the power of a trust company or any trust company. (b) The trust indenture may provide for: (1) protecting and enforcing the rights and remedies of the bondholders as are reasonable and…