Indiana § 36-9-31-12 Refunding bonds

Indiana Statutes

§ 36-9-31-12 — Refunding bonds

Indiana·Title 36 LOCAL GOVERNMENT·Art. 9 TRANSPORTATION AND PUBLIC WORKS·Ch. 31 Collection and Disposal of Waste in Indianapolis

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.

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