Indiana Statutes

§ 36-7-23-26 — Negotiability of bonds

Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 23 Multiple County Infrastructure Authority
The bonds, when issued, have all the qualities of negotiable instruments under IC 26, subject to their provisions for registration, and are incontestable in the hands of a bona fide purchaser or holder of bonds for value.

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Legislative History

As added by P.L.346-1989(ss), SEC.7.

Nearby Sections

15
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