Indiana Statutes

§ 15-14-8-1 — Authority to issue first mortgage bonds

Indiana § 15-14-8-1
JurisdictionIndiana
Art. 14AGRICULTURAL FAIRS, ASSOCIATIONS, AND
Ch. 8Issuance of Mortgage Bonds by County Agricultural or

This text of Indiana § 15-14-8-1 (Authority to issue first mortgage bonds) 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 § 15-14-8-1 (2026).

Text

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(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
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Bluebook (online)
Indiana § 15-14-8-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/15-14-8-1.