Indiana Statutes

§ 13-21-11-3 — Term

Indiana·Art. 21 SOLID WASTE MANAGEMENT DISTRICTS·Ch. 11 Financing: Borrowing Evidenced by Notes

A note or notes issued or renewed under this chapter must:

(1)mature not more than five (5) years from the date of issuance of the original note; and
(2)pledge for the payment of the principal and interest the proceeds of the grant or bonds. [Pre-1996 Recodification Citation: 13-9.5-9-7(c).]

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Legislative History

As added by P.L.1-1996, SEC.11.

Nearby Sections

15
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