Indiana Statutes

§ 36-9-36-45 — Bonds; date; tax exemption

Indiana § 36-9-36-45
JurisdictionIndiana
Title 36LOCAL GOVERNMENT
Art. 9TRANSPORTATION AND PUBLIC WORKS
Ch. 36Barrett Law Funding for Counties and Municipalities

This text of Indiana § 36-9-36-45 (Bonds; date; tax exemption) 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 § 36-9-36-45 (2026).

Text

(a)This section applies only to municipalities.
(b)Bonds issued in anticipation of the collection of assessments for an improvement must bear the date of the completion of the improvement under the contract and the acceptance of the improvement by the works board. The bonds draw interest from that date.
(c)The bonds are exempt from taxation for all purposes.

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Legislative History

As added by P.L.98-1993, SEC.7.

Nearby Sections

15
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Bluebook (online)
Indiana § 36-9-36-45, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/36-9-36-45.