Indiana Statutes
§ 14-13-2-21 — Bonds; not debt of state or other political subdivisions; payable solely from money pledged
(a)Bonds issued under this chapter or under
IC 14-6-29.5 (before its repeal) do not constitute any of the following:
(1)A debt of the state or of any other political subdivision of the
state.
(2)A pledge of the faith and credit of the state or any other
political subdivision of the state.
(b)The bonds are payable solely from the revenues pledged for their
payment as authorized in this chapter or in IC 14-6-29.5 (before its
repeal).
[Pre-1995 Recodification Citation: 14-6-29.5-9(d).]
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Indiana § 14-13-2-21 (Bonds; not debt of state or other political subdivisions; payable solely from money pledged) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.1-1995, SEC.6. Amended by P.L.106-2012,
SEC.13.
Nearby Sections
15
§ 14-10-1-1
Establishment and members of commission§ 14-10-1-2
Filling of vacancies of ex officio members§ 14-10-1-3
Citizen members§ 14-10-1-4
Per diem compensation and traveling expenses§ 14-10-1-5
Officers§ 14-10-1-6
Quorum§ 14-10-1-7
Meetings§ 14-10-2-1
Powers of commission§ 14-10-2-2
Repealed§ 14-10-2-2.5
Consolidated proceedings§ 14-10-2-3
Repealed§ 14-10-2-4
Adoption of rules§ 14-10-2-5
Rules§ 14-10-2-6
Notices of violation