Indiana § 14-33-7-14 Note issuance

Indiana Statutes

§ 14-33-7-14 — Note issuance

Indiana § 14-33-7-14

Art. 33CONSERVANCY DISTRICTS

Ch. 7Payment of Expenses

This text of Indiana § 14-33-7-14 (Note 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 § 14-33-7-14 (2026).

Text

(a)In anticipation of the money to be received from any source, a board may borrow money by issuing notes. The notes:

(1)must mature in not more than two (2) years; and

(2)may be renewed for periods of not more than two (2) years.

(b)The borrowing may be by direct negotiation with any of the following:

(1)A bank or savings association licensed to do business in Indiana.

(2)An agent of the state or federal government. [Pre-1995 Recodification Citation: 13-3-3-70.]

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(a) In anticipation of the money to be
received from any source, a board may borrow money by issuing notes.
The notes:
(1) must mature in not more than two (2) years; and
(2) may be renewed for periods of not more than two (2) years.
(b) The borrowing may be by direct negotiation with any of the
following:
(1) A bank or savings association licensed to do business in
Indiana.
(2) An agent of the state or federal government.
[Pre-1995 Recodification Citation: 13-3-3-70.]