Indiana Statutes

§ 14-13-1-31 — Revenue bonds; not debt of state or subdivision; payable solely from money pledged

Indiana § 14-13-1-31
JurisdictionIndiana
Art. 13LOCAL RESOURCE DEVELOPMENT
Ch. 1Indiana White River State Park Development

This text of Indiana § 14-13-1-31 (Revenue bonds; not debt of state or subdivision; payable solely from money pledged) 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 § 14-13-1-31 (2026).

Text

(a)Revenue bonds issued under this chapter or under IC 14-6-29 (before its repeal) do not constitute any of the following:
(1)A debt of the state or of a political subdivision of the state.
(2)A pledge of the faith and credit of the state or a political subdivision of the state.
(b)The bonds are payable solely from the revenues pledged for their payment as authorized in this chapter or IC 14-6-29 (before its repeal). [Pre-1995 Recodification Citation: 14-6-29-10(d).]

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Legislative History

As added by P.L.1-1995, SEC.6.

Nearby Sections

15
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Bluebook (online)
Indiana § 14-13-1-31, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/14-13-1-31.