Indiana § 12-29-1-6 Center building the property of county or counties issuing bonds; tax
limitations in IC 12-29-1-1 and IC 12-29-1-2 not applicable

Indiana Statutes

§ 12-29-1-6 — Center building the property of county or counties issuing bonds; tax limitations in IC 12-29-1-1 and IC 12-29-1-2 not applicable

Indiana § 12-29-1-6

Art. 29FINANCING LOCAL PROGRAMS

Ch. 1Community Centers; General Provisions

This text of Indiana § 12-29-1-6 (Center building the property of county or counties issuing bonds; tax limitations in IC 12-29-1-1 and IC 12-29-1-2 not applicable) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 12-29-1-6 (2026).

Text

If bonds are issued under this chapter:

(1)the building that is constructed, equipped, or improved with proceeds of the bonds is:

(A)the property of the county issuing the bonds; or

(B)the joint property of the counties involved if the bonds are issued by at least two (2) counties; and

(2)the tax limitations in sections 1 and 2 of this chapter do not apply to the levy of taxes to pay the bonds and the interest on the bonds. [Pre-1992 Revision Citation: 16-16-1-5 part.]

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If bonds are issued under this chapter:
(1) the building that is constructed, equipped, or improved with
proceeds of the bonds is:
(A) the property of the county issuing the bonds; or
(B) the joint property of the counties involved if the bonds are
issued by at least two (2) counties; and
(2) the tax limitations in sections 1 and 2 of this chapter do not
apply to the levy of taxes to pay the bonds and the interest on the
bonds.
[Pre-1992 Revision Citation: 16-16-1-5 part.]