Indiana Statutes

§ 14-33-20-22 — Bonds, notes, or other evidences of indebtedness equally and ratably secured by lien

Indiana·Art. 33 CONSERVANCY DISTRICTS·Ch. 20 Water Supply Systems

All bonds, notes, or other evidences of indebtedness of the same issue shall be equally and ratably secured, without priority because of:

(1)number or date of issue;
(2)sale;
(3)execution; or
(4)delivery; by a lien upon the revenues in accordance with this chapter and the resolution authorizing issuance. [Pre-1995 Recodification Citation: 13-3-4-8(e) part.]

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Indiana § 14-33-20-22 (Bonds, notes, or other evidences of indebtedness equally and ratably secured by lien) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.1-1995, SEC.26.

Nearby Sections

15
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