Indiana Statutes
§ 5-1-14-2 — Provisions for payment of bonds, notes, or warrants before maturity date
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 1 BONDS AND OTHER OBLIGATIONS·Ch. 14 Miscellaneous Provisions
Any bonds, notes, or warrants, whether payable
from property taxes, revenues, or any other source, issued by an entity
enumerated in section 1(a) of this chapter may provide that the bonds,
notes, or warrants may be payable before maturity from available funds
and with such premiums as are set forth in the bonds, notes, or
warrants. In addition, the bonds, notes, or warrants may provide that
they may be registered as to principal or interest, or both, at the option
of the holder, and upon such terms and conditions as are set forth in the
bonds, notes, or warrants.
[Pre-Local Government Recodification Citation:
6-1.1-20-8.5.]
As added by Acts 1980, P.L.8, SEC.25.
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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Repealed§ 5-1-10-1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