Indiana Statutes

§ 13-21-9-3 — Waste management development bonds

Indiana·Art. 21 SOLID WASTE MANAGEMENT DISTRICTS·Ch. 9 Financing: Waste Management Development Bonds
(a)The resolution adopted under section 2 of this chapter may also authorize the issuance of waste management development bonds payable solely from:
(1)revenues and receipts derived from a financing agreement; or
(2)payments made under a guaranty agreement by a developer, user, or any other person.
(b)The waste management development bonds are not in any respect a general obligation of the district. [Pre-1996 Recodification Citation: 13-9.5-9-5(e) part.]

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Legislative History

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

Nearby Sections

15
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