Indiana Statutes

§ 36-5-5-7 — Bonds, notes, or warrants; prohibition

Indiana·Title 36 LOCAL GOVERNMENT·Art. 5 GOVERNMENT OF TOWNS·Ch. 5 Town Manager
The town legislative body may not authorize the manager to issue or execute bonds, notes, or warrants of the town. [Pre-Local Government Recodification Citation: 18-3-1.5-5.] As added by Acts 1980, P.L.212, SEC.4.

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