Indiana Statutes
§ 15-14-8-3 — Surplus; use to retire bonds
Indiana·Art. 14 AGRICULTURAL FAIRS, ASSOCIATIONS, AND·Ch. 8 Issuance of Mortgage Bonds by County Agricultural or
If bonds have been issued under section 1 of
this chapter and there is a surplus in the treasury of the society or fair,
funds not needed for improvements on the grounds must be used to
retire the bonds. Bonds must be retired in the order of their seniority,
and a clause stating this privilege must be inserted in all bonds.
[Pre-2008 Recodification Citation: 15-1-7-3.]
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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References to repealed statutes§ 15-10-1-7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"