Indiana § 8-1.5-2-13 Contracts for acquisition, construction, or replacement of public utility
property; authorizing ordinance

Indiana Statutes

§ 8-1.5-2-13 — Contracts for acquisition, construction, or replacement of public utility property; authorizing ordinance

Indiana § 8-1.5-2-13

Art. 1.5MUNICIPAL UTILITIES

Ch. 2Transfer, Acquisition, and Improvement of Utilities by

This text of Indiana § 8-1.5-2-13 (Contracts for acquisition, construction, or replacement of public utility property; authorizing ordinance) 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 § 8-1.5-2-13 (2026).

Text

A contract made by the municipal legislative
body for the acquisition, construction, extension, or replacement of the
property of a public utility must be authorized by ordinance. The
ordinance must provide for the principal and interest of bonds issued
for the payment of the cost of the acquisition, construction, extension,
or replacement to be paid exclusively from the income and revenue of
the property acquired with the proceeds of the bonds.
As added by Acts 1982, P.L.74, SEC.1.

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A contract made by the municipal legislative
body for the acquisition, construction, extension, or replacement of the
property of a public utility must be authorized by ordinance. The
ordinance must provide for the principal and interest of bonds issued
for the payment of the cost of the acquisition, construction, extension,
or replacement to be paid exclusively from the income and revenue of
the property acquired with the proceeds of the bonds.
As added by Acts 1982, P.L.74, SEC.1.