Indiana § 36-9-31-12 Refunding bonds

Indiana Statutes

§ 36-9-31-12 — Refunding bonds

Indiana § 36-9-31-12

Title 36LOCAL GOVERNMENT

Art. 9TRANSPORTATION AND PUBLIC WORKS

Ch. 31Collection and Disposal of Waste in Indianapolis

This text of Indiana § 36-9-31-12 (Refunding bonds) 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 § 36-9-31-12 (2026).

Text

If the legislative body finds that a refunding
of outstanding bonds would be of benefit to the health and welfare of
the consolidated city and would comply with the purposes and
provisions of this chapter, it may authorize the issuance of bonds under
IC 5-1-5 to refund outstanding bonds issued in accordance with this
chapter. A saving to the issuing body as provided in IC 5-1-5-2 is not
required for the issuance of refunding bonds.
As added by Acts 1982, P.L.77, SEC.27.

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If the legislative body finds that a refunding
of outstanding bonds would be of benefit to the health and welfare of
the consolidated city and would comply with the purposes and
provisions of this chapter, it may authorize the issuance of bonds under
IC 5-1-5 to refund outstanding bonds issued in accordance with this
chapter. A saving to the issuing body as provided in IC 5-1-5-2 is not
required for the issuance of refunding bonds.
As added by Acts 1982, P.L.77, SEC.27.