Indiana § 14-33-11-3 Method of issuance

Indiana Statutes

§ 14-33-11-3 — Method of issuance

Indiana § 14-33-11-3

Art. 33CONSERVANCY DISTRICTS

Ch. 11Bonds

This text of Indiana § 14-33-11-3 (Method of issuance) 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 § 14-33-11-3 (2026).

Text

Bonds may be issued by either of the following methods:

(1)Solely against the revenues expected to be produced by the operation of the district. The board may make proper contractual arrangements to pay the bonds from the net revenues produced.

(2)Against the real property of the district in anticipation of the collection of special benefits taxes. Bonds issued against the real property of the district may be paid in part:

(A)by revenues derived from reasonable charges for services or property produced incident to the operation of the district; or

(B)from the collection of assessments for exceptional benefits. [Pre-1995 Recodification Citation: 13-3-3-81 part.]

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Bonds may be issued by either of the
following methods:
(1) Solely against the revenues expected to be produced by the
operation of the district. The board may make proper contractual
arrangements to pay the bonds from the net revenues produced.
(2) Against the real property of the district in anticipation of the
collection of special benefits taxes. Bonds issued against the real
property of the district may be paid in part:
(A) by revenues derived from reasonable charges for services
or property produced incident to the operation of the district; or
(B) from the collection of assessments for exceptional benefits.
[Pre-1995 Recodification Citation: 13-3-3-81 part.]