Indiana Statutes

§ 13-21-7-12 — Issuance of waste management district bonds under certain circumstances

Indiana § 13-21-7-12
JurisdictionIndiana
Art. 21SOLID WASTE MANAGEMENT DISTRICTS
Ch. 7Financing: Waste Management District Bonds

This text of Indiana § 13-21-7-12 (Issuance of waste management district bonds under certain circumstances) 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 § 13-21-7-12 (2026).

Text

(a)The district may not issue waste management district bonds under this chapter that are payable by special taxation or fees under IC 13-21-14 in a total amount, including outstanding bonds already issued, exceeding six percent (6%) of the adjusted value of taxable property in the district as determined under IC 36-1-15.
(b)All waste management district bonds issued in violation of this section or IC 13-9.5-9-3(k) (before its repeal) are void. [Pre-1996 Recodification Citation: 13-9.5-9-3(k).]

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Legislative History

As added by P.L.1-1996, SEC.11. Amended by P.L.6-1997, SEC.157.

Nearby Sections

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Bluebook (online)
Indiana § 13-21-7-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/13-21-7-12.