Indiana § 5-1-18-1 "Bonds"

Indiana Statutes

§ 5-1-18-1 — "Bonds"

Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 1 BONDS AND OTHER OBLIGATIONS·Ch. 18 Reports Concerning Bonds and Leases of Political

As used in this chapter,"bonds" means any
bonds, notes, or other evidences of indebtedness, including guaranteed
energy savings contracts and advances from the common school fund,
whether payable from property taxes, other taxes, revenues, or any
other source. However, the term does not include notes, warrants, or
other evidences of indebtedness made in anticipation of and to be paid
from current revenues of a political subdivision actually levied and in
the course of collection for the fiscal year in which the notes, warrants,
or other evidences of indebtedness are issued.

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As used in this chapter,"bonds" means any
bonds, notes, or other evidences of indebtedness, including guaranteed
energy savings contracts and advances from the common school fund,
whether payable from property taxes, other taxes, revenues, or any
other source. However, the term does not include notes, warrants, or
other evidences of indebtedness made in anticipation of and to be paid
from current revenues of a political subdivision actually levied and in
the course of collection for the fiscal year in which the notes, warrants,
or other evidences of indebtedness are issued.

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