Indiana Statutes

§ 15-14-8-3 — Surplus; use to retire bonds

Indiana § 15-14-8-3
JurisdictionIndiana
Art. 14AGRICULTURAL FAIRS, ASSOCIATIONS, AND
Ch. 8Issuance of Mortgage Bonds by County Agricultural or

This text of Indiana § 15-14-8-3 (Surplus; use to retire 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 § 15-14-8-3 (2026).

Text

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
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Bluebook (online)
Indiana § 15-14-8-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/15-14-8-3.