Indiana Statutes
§ 8-1.5-2-23 — General obligation bonds; terms; sale
Indiana § 8-1.5-2-23
JurisdictionIndiana
Art. 1.5MUNICIPAL UTILITIES
Ch. 2Transfer, Acquisition, and Improvement of Utilities by
This text of Indiana § 8-1.5-2-23 (General obligation bonds; terms; sale) 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 § 8-1.5-2-23 (2026).
Text
If general obligation bonds are issued, they:
(1)may be issued in any denomination;
(2)are payable at a time not to exceed forty (40) years from
issuance;
(3)may bear interest at any rate payable semiannually; and
(4)shall be sold for not less than par value and accrued interest;
as provided by ordinance. The bonds shall be sold in accordance with
IC 5-1-11.
As added by Acts 1982, P.L.74, SEC.1.
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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Repealed§ 8-1-1-13
Repealed§ 8-1-1-14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Repealed§ 8-1-1-4.1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 § 8-1.5-2-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-1.5-2-23.