Indiana Statutes

§ 36-9-36-50 — Negotiability of bonds

Indiana § 36-9-36-50
JurisdictionIndiana
Title 36LOCAL GOVERNMENT
Art. 9TRANSPORTATION AND PUBLIC WORKS
Ch. 36Barrett Law Funding for Counties and Municipalities

This text of Indiana § 36-9-36-50 (Negotiability of 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 § 36-9-36-50 (2026).

Text

(a)The bonds issued in anticipation of the collection of assessments are negotiable instruments and are free from all defenses by property owners.
(b)It is not necessary that the bonds include language describing the actions taken in ordering the improvement or directing the assessment. The bonds may instead include a general reference to this chapter.

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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 § 36-9-36-50, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/36-9-36-50.