Indiana Statutes

§ 36-7-23-28 — Disposition of bond proceeds; bond maturities; rights of bondholders; rights and duties of directors

Indiana § 36-7-23-28
JurisdictionIndiana
Title 36LOCAL GOVERNMENT
Art. 7PLANNING AND DEVELOPMENT
Ch. 23Multiple County Infrastructure Authority

This text of Indiana § 36-7-23-28 (Disposition of bond proceeds; bond maturities; rights of bondholders; rights and duties of directors) 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 § 36-7-23-28 (2026).

Text

The proceeds of bonds issued under this chapter are appropriated for the purpose for which the bonds are issued. The proceeds shall be deposited and disbursed in accordance with any provisions and restrictions that the board provides in the resolution or trust indenture authorizing the issuance of the bonds in the first instance and the issuance of any refunding bonds, or in a trust indenture authorized and approved by resolution of the board. The maturities of the bonds, the rights of the holders, and the rights, duties, and obligations of the board are governed in all respects by this chapter.

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Legislative History

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

Nearby Sections

15
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Bluebook (online)
Indiana § 36-7-23-28, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/36-7-23-28.