Indiana § 6-1.1-20-7.5 Review and approval by department of local government finance not
required for certain bonds or leases

Indiana Statutes

§ 6-1.1-20-7.5 — Review and approval by department of local government finance not required for certain bonds or leases

Indiana § 6-1.1-20-7.5

Art. 1.1PROPERTY TAXES

Ch. 20Procedures for Issuance of Bonds and Other Evidences

This text of Indiana § 6-1.1-20-7.5 (Review and approval by department of local government finance not required for certain bonds or leases) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 6-1.1-20-7.5 (2026).

Text

5. This section applies only to bonds, leases, and other debt for which a political subdivision:

(1)after June 30, 2008, makes a preliminary determination as described in section 3.1 or 3.5 of this chapter or a decision as described in section 5 of this chapter; or

(2)in the case of bonds, leases, or other obligations not subject to section 3.1, 3.5, or 5 of this chapter, adopts a resolution or ordinance authorizing the bonds, lease rental agreement, or other obligations after June 30, 2008. Notwithstanding any other provision, review by the department of local government finance and approval by the department of local government finance are not required before a political subdivision may issue or enter into bonds, a lease, or any other obligations payable from ad valorem property taxes.

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5. This section applies only to bonds, leases,
and other debt for which a political subdivision:
(1) after June 30, 2008, makes a preliminary determination as
described in section 3.1 or 3.5 of this chapter or a decision as
described in section 5 of this chapter; or
(2) in the case of bonds, leases, or other obligations not subject to
section 3.1, 3.5, or 5 of this chapter, adopts a resolution or
ordinance authorizing the bonds, lease rental agreement, or other
obligations after June 30, 2008.
Notwithstanding any other provision, review by the department of local
government finance and approval by the department of local
government finance are not required before a political subdivision may
issue or enter into bonds, a lease, or any other obligations payable from
ad valorem property taxes.