Indiana Statutes
§ 15-14-8-1 — Authority to issue first mortgage bonds
Indiana·Art. 14 AGRICULTURAL FAIRS, ASSOCIATIONS, AND·Ch. 8 Issuance of Mortgage Bonds by County Agricultural or
All:
(1)agricultural or horticultural societies; or
(2)county fairs having a state charter;
owning at least fifty (50) acres of real estate in fee simple may issue
first mortgage bonds in a maximum amount of seventy-five percent
(75%) of the value of the real estate unimproved to pay off a current
incumbrance or make permanent improvements on the society's or fair's
grounds.
[Pre-2008 Recodification Citation: 15-1-7-1.]
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Legislative History
As added by P.L.2-2008, SEC.5.
Nearby Sections
15
§ 15-10-1-1
"Prior law"§ 15-10-1-2
Purpose of recodification§ 15-10-1-3
Statutory construction of recodification§ 15-10-1-4
Effect of recodification§ 15-10-1-5
Recodification of prior law§ 15-10-1-6
References to repealed statutes§ 15-10-1-7
References to citations§ 15-10-1-8
References to prior rules§ 15-10-1-9
References to prior law§ 15-11-1-1
Application of definitions§ 15-11-1-2
"Department"§ 15-11-1-3
"Director"§ 15-11-1-4
"Division"§ 15-11-1-5
"Secretary"§ 15-11-12-1
"Commission"