Indiana Statutes

§ 36-7-13-17 — Pledge of money in industrial development fund

Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 13 Industrial Development

Money in the industrial development fund may be pledged by an advisory commission for the following purposes:

(1)To pay debt service on bonds or other obligations issued under this chapter.
(2)To establish and maintain a debt service reserve established by the advisory commission.

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Indiana § 36-7-13-17 (Pledge of money in industrial development fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.125-1998, SEC.21. Amended by P.L.1-1999, SEC.82.

Nearby Sections

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