Indiana § 5-1-18-1 "Bonds"

Indiana Statutes

§ 5-1-18-1 — "Bonds"

Indiana § 5-1-18-1

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1BONDS AND OTHER OBLIGATIONS

Ch. 18Reports Concerning Bonds and Leases of Political

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Bluebook

Ind. Code § 5-1-18-1 (2026).

Text

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.