Indiana § 14-13-2-23 Requirements for issuing bonds

Indiana Statutes

§ 14-13-2-23 — Requirements for issuing bonds

Indiana § 14-13-2-23

Art. 13LOCAL RESOURCE DEVELOPMENT

Ch. 2Little Calumet River Basin Development Commission

This text of Indiana § 14-13-2-23 (Requirements for issuing bonds) 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 § 14-13-2-23 (2026).

Text

(a)Bonds issued under this chapter shall be issued in the name of the commission and must recite on the face of each bond that the principal of and interest on the bond are payable solely from revenues pledged for their payment and are not an obligation of the state or of any other political subdivision of the state.

(b)The chairman of the commission shall execute the bonds, and the secretary of the commission shall affix and attest the seal of the commission.

(c)Coupons attached to the bonds must bear the facsimile signature of the chairman of the commission. [Pre-1995 Recodification Citation: 14-6-29.5-9(f).]

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(a) Bonds issued under this chapter shall be
issued in the name of the commission and must recite on the face of
each bond that the principal of and interest on the bond are payable
solely from revenues pledged for their payment and are not an
obligation of the state or of any other political subdivision of the state.
(b) The chairman of the commission shall execute the bonds, and
the secretary of the commission shall affix and attest the seal of the
commission.
(c) Coupons attached to the bonds must bear the facsimile signature
of the chairman of the commission.
[Pre-1995 Recodification Citation: 14-6-29.5-9(f).]