Indiana § 5-1-7-5 "Bond owner" or "bondholder" defined

Indiana Statutes

§ 5-1-7-5 — "Bond owner" or "bondholder" defined

Indiana § 5-1-7-5

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1BONDS AND OTHER OBLIGATIONS

Ch. 7Redemption Bonds of Counties and Townships

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Bluebook

Ind. Code § 5-1-7-5 (2026).

Text

The term "bond owner" or "bondholder" shall be
construed to mean the person who owns the bond at the time of the
execution of such contract and the provisions of such contract shall
inure to and be binding upon any subsequent grantee, executor,
administrator, heir, devisee, trustee, receiver or assign of such matured
and/or redemption bond owner or bondholder.
[Pre-Local Government Recodification Citation:
17-3-82-5.]
As added by Acts 1980, P.L.8, SEC.12.

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The term "bond owner" or "bondholder" shall be
construed to mean the person who owns the bond at the time of the
execution of such contract and the provisions of such contract shall
inure to and be binding upon any subsequent grantee, executor,
administrator, heir, devisee, trustee, receiver or assign of such matured
and/or redemption bond owner or bondholder.
[Pre-Local Government Recodification Citation:
17-3-82-5.]
As added by Acts 1980, P.L.8, SEC.12.