Indiana Statutes

§ 10-18-2-5 — Taxes levied for bonds

Indiana·Title 10 PUBLIC SAFETY·Art. 18 WAR MEMORIALS·Ch. 2 World War Memorials
(a)If a county issues bonds for a world war memorial under this chapter, the county fiscal body, county executive, and any other county official who fixes rates or levies taxes shall yearly tax all real and personal property within the county at a rate on each one hundred dollars ($100) of taxable property to meet the interest and principal on world war memorial bonds as they mature.
(b)Taxes levied for world war memorial bonds:
(1)shall be collected by the treasurer of a county or other proper officer in the same manner as other taxes are collected and enforced;
(2)shall be kept in a separate fund to be known as the world war memorial bond fund;
(3)shall be applied to the payment of the bonds issued under this chapter and interest as the bonds mature; and
(4)shall be deposited in an

Free access — add to your briefcase to read the full text and ask questions with AI

Indiana § 10-18-2-5 (Taxes levied for bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.2-2003, SEC.9.

Nearby Sections

15
View on official source ↗