Indiana Statutes
§ 36-9-32-8 — Trust indentures to secure bonds
Indiana § 36-9-32-8
JurisdictionIndiana
Title 36LOCAL GOVERNMENT
Art. 9TRANSPORTATION AND PUBLIC WORKS
Ch. 32Financing of Public Improvements in Municipalities
This text of Indiana § 36-9-32-8 (Trust indentures to secure 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 § 36-9-32-8 (2026).
Text
The legislative body may secure bonds issued
under this chapter by a trust indenture between the municipality and a
corporate trustee. The corporate trustee may be any trust company,
national bank, or state bank that is in Indiana and has trust powers. A
trust indenture entered into under this section may contain any
provisions agreed upon by the municipality and the trustee that are not
inconsistent with this chapter.
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Legislative History
As added by P.L.23-1984, SEC.18.
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
RepealedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 36-9-32-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/36-9-32-8.