Indiana § 14-33-20-20 Recital of authority of bond, note, or other evidence of indebtedness

Indiana Statutes

§ 14-33-20-20 — Recital of authority of bond, note, or other evidence of indebtedness

Indiana § 14-33-20-20

Art. 33CONSERVANCY DISTRICTS

Ch. 20Water Supply Systems

This text of Indiana § 14-33-20-20 (Recital of authority of bond, note, or other evidence of indebtedness) 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 § 14-33-20-20 (2026).

Text

A resolution authorizing bonds, notes, or other evidences of indebtedness payable from revenues must provide that a bond, note, or other evidence of indebtedness payable from revenues contain a recital that the bond, note, or other evidence of indebtedness is issued under this article or under IC 13-3-3 (before its repeal). A bond, note, or other evidence of indebtedness containing the recital under authority of such a resolution is conclusively considered:

(1)to be valid; and

(2)to have been issued in conformity with this article or IC 13-3 (before its repeal). [Pre-1995 Recodification Citation: 13-3-4-8(c) part.]

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A resolution authorizing bonds, notes, or
other evidences of indebtedness payable from revenues must provide
that a bond, note, or other evidence of indebtedness payable from
revenues contain a recital that the bond, note, or other evidence of
indebtedness is issued under this article or under IC 13-3-3 (before its
repeal). A bond, note, or other evidence of indebtedness containing the
recital under authority of such a resolution is conclusively considered:
(1) to be valid; and
(2) to have been issued in conformity with this article or IC 13-3
(before its repeal).
[Pre-1995 Recodification Citation: 13-3-4-8(c) part.]