Indiana Statutes
§ 20-48-1-6 — Required debt service fund levy; payment of obligations
Indiana § 20-48-1-6
This text of Indiana § 20-48-1-6 (Required debt service fund levy; payment of obligations) 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 § 20-48-1-6 (2026).
Text
(a)The governing body shall provide for the
payment of principal and interest on bonds executed under section 5 of
this chapter by levying annually a tax for its debt service fund that is
sufficient to pay the principal and interest as the bonds become due.
(b)The bodies charged with the review of budgets and tax levies
shall review a levy for principal and interest described in subsection (a)
to determine whether the levy is sufficient.
[Pre-2006 Recodification Citation: 21-2-21-5.]
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Legislative History
As added by P.L.2-2006, SEC.171. Amended by P.L.244-2017,
SEC.115.
Nearby Sections
15
§ 20-17-1-1
"Prior law"§ 20-17-1-2
Purpose of recodification§ 20-17-1-3
Statutory construction of recodification§ 20-17-1-4
Effect of recodification§ 20-17-1-5
Recodification of prior law§ 20-17-1-6
References to repealed statutes§ 20-17-1-7
References to citations§ 20-17-1-8
References to prior rules§ 20-17-1-9
References to prior law§ 20-17-2-1
"Prior law"§ 20-17-2-2
Purpose of recodification§ 20-17-2-3
Statutory construction of recodification§ 20-17-2-4
Effect of recodification§ 20-17-2-5
Recodification of prior law§ 20-17-2-6
References to repealed statutesCite This Page — Counsel Stack
Bluebook (online)
Indiana § 20-48-1-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/20-48-1-6.