Indiana Statutes
§ 14-33-20-38 — Discharge of indebtedness
(a)Notwithstanding any other provision of
this chapter, a district may do the following:
(1)Borrow money from the state in accordance with other
statutes.
(2)Evidence the indebtedness upon terms and conditions that are
provided in the statutes or that the state requires.
(b)A district may:
(1)pay and discharge the indebtedness from the proceeds of
bonds, notes, or other evidences of indebtedness issued under:
(A)this chapter; or
(B)IC 13-3-4 (before its repeal); or
(2)refund the indebtedness to the state;
in accordance with this chapter.
[Pre-1995 Recodification Citation: 13-3-4-15.]
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Legislative History
As added by P.L.1-1995, SEC.26.
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Repealed§ 14-10-2-2.5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Repealed§ 14-10-2-4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