Indiana Statutes
§ 36-9-36-50 — Negotiability of bonds
Indiana·Title 36 LOCAL GOVERNMENT·Art. 9 TRANSPORTATION AND PUBLIC WORKS·Ch. 36 Barrett Law Funding for Counties and Municipalities
(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.
Free access — add to your briefcase to read the full text and ask questions with AI
Indiana § 36-9-36-50 (Negotiability of bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.98-1993, SEC.7.
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
Repealed