Indiana Statutes
§ 5-1-11-7 — Restrictions on powers
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 1 BONDS AND OTHER OBLIGATIONS·Ch. 11 Procedures for Selling Bonds
Nothing in this chapter contained shall be so
construed as to enlarge the powers of counties, townships, cities, towns,
school corporations, and special taxing districts, or agencies or
instrumentalities thereof to issue bonds.
[Pre-Local Government Recodification Citation:
19-8-5-7.]
As added by Acts 1980, P.L.8, SEC.19.
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Nearby Sections
15
§ 5-1-1-1
Validation§ 5-1-1-2
Repealed§ 5-1-10-1
Issuance; purpose; restrictions§ 5-1-11-7
Restrictions on powers§ 5-1-11.5-1
"ADM"§ 5-1-11.5-2
"Bonds"§ 5-1-11.5-3
Application to certain school corporations§ 5-1-12-1
"Municipal corporation" defined