Indiana Statutes
§ 8-1-11.1-23 — Temporary loans authorized
Indiana § 8-1-11.1-23
JurisdictionIndiana
Art. 1UTILITIES GENERALLY
Ch. 11.1Department of Public Utilities of Consolidated City
This text of Indiana § 8-1-11.1-23 (Temporary loans authorized) 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 § 8-1-11.1-23 (2026).
Text
For the purpose of providing necessary
funds with which to pay the cost of acquiring any utility property, or
paying off any indebtedness of or upon any utility property, so
acquired, or to pay for interim costs of construction prior to long term
financing, including the costs of any betterments, improvements,
additions or extensions, or to pay the expenses of operation of any such
utility property the board of directors for utilities may also make
temporary loans, which shall mature within one (1) year from date of
issuance, in the form of certificates of indebtedness, which shall be a
charge solely against the income and revenue of the utility, or upon the
proceeds of revenue obligations to be issued, or any combination
thereof.
[Pre-Local Government Recodification Citation:
19-3-24-23.]
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
§ 8-1-1-11
Staff of commission§ 8-1-1-12
Repealed§ 8-1-1-13
Repealed§ 8-1-1-14
Annual report§ 8-1-1-15
Implementing rules; duration§ 8-1-1-16
Commission to consider effect of governmental requirements upon
utility's operational expenses§ 8-1-1-4
Repealed§ 8-1-1-4.1
Payment of expenses§ 8-1-1-6
RepealedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 8-1-11.1-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-1-11.1-23.