Indiana § 6-3.6-10-5 Issuance and sale of obligations of civil taxing unit or lessor

Indiana Statutes

§ 6-3.6-10-5 — Issuance and sale of obligations of civil taxing unit or lessor

Indiana § 6-3.6-10-5

Art. 3.6LOCAL INCOME TAXES

Ch. 10Permitted Expenditures

This text of Indiana § 6-3.6-10-5 (Issuance and sale of obligations of civil taxing unit or lessor) 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 § 6-3.6-10-5 (2026).

Text

Note: This version of section effective until 1-1-2028. See also following version of this section, effective 1-1-2028. Sec.

5.Notwithstanding any other law, if a civil taxing unit desires to issue obligations, or enter into leases, payable wholly or in part by the taxes imposed under IC 6-3.6-6 or IC 6-3.6-7 (but not IC 6-3.6-5), the obligations of the civil taxing unit or any lessor may be sold at public sale in accordance with IC 5-1-11 or at negotiated sale.

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Note: This version of section effective until 1-1-2028. See also
following version of this section, effective 1-1-2028.
Sec. 5. Notwithstanding any other law, if a civil
taxing unit desires to issue obligations, or enter into leases, payable
wholly or in part by the taxes imposed under IC 6-3.6-6 or IC 6-3.6-7
(but not IC 6-3.6-5), the obligations of the civil taxing unit or any lessor
may be sold at public sale in accordance with IC 5-1-11 or at
negotiated sale.