Indiana Statutes
§ 36-9-37-31 — Bonds; presentation for payment; receipts
Indiana·Title 36 LOCAL GOVERNMENT·Art. 9 TRANSPORTATION AND PUBLIC WORKS·Ch. 37 Barrett Law Funding for Municipalities
(a)A person who holds bonds issued in
anticipation of the collection of special assessments shall present the
bonds for payment and arrange for the payment of interest with
sufficient time before the maturity date or due date of the delinquencies
so that the municipal fiscal officer has time to process the payment.
(b)The bondholder shall file with the bonds a list setting forth the
following for the bonds:
(1)The roll numbers.
(2)The series numbers.
(3)The face values or unpaid balances.
(4)The total presented for payment.
(c)The municipal fiscal officer shall give a receipt to a bondholder
presenting bonds for payment or receiving a payment of interest. The
receipt holds the municipality responsible to the bondholders for the
following:
(1)The unpaid principal of and interest on
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Legislative History
As added by P.L.98-1993, SEC.8.
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Repealed