Indiana Statutes
§ 36-8-7-24 — Temporary loans; authorization and procedure
The local board may, by resolution, authorize
temporary loans to be made and effected in anticipation of current
revenues of the unit actually levied and in the course of collection for
the fiscal year in which the loans are made. The fiscal body of the unit
shall by ordinance authorize the temporary loans and the issuance and
sale of securities for them in the same manner as prescribed for the unit
generally in making temporary loans.
[Pre-Local Government Recodification Citation: 19-1-37-27
part.]
As added by Acts 1981, P.L.309, SEC.57.
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Nearby Sections
15
§ 36-1-10-1
Application of chapter§ 36-1-10-10
Plans, specifications, and estimates for structures, systems, and
transportation projects§ 36-1-10-11
Property held in fee simple; sale procedure§ 36-1-10-12
Lease in anticipation of acquisition or construction of structure, system,
or transportation project§ 36-1-10-13
Hearing; procedure; execution of lease§ 36-1-10-17
Annual appropriation and tax levy§ 36-1-10-18
Tax exemption of leased structures, systems, and transportation
projects; taxation of rental paid lessor§ 36-1-10-19
Assignment or conveyance of lease; conveyance of structure, system,
or transportation project§ 36-1-10-2
Definitions§ 36-1-10-20
Repealed