§ 8-14-9-12 — Bonds; tax exemption; application of laws

All bonds and interest on bonds issued under
this chapter are exempt from taxation as provided under IC 6-8-5-1. All
general laws relating to:
(1) the filing of a petition requesting the issuance of bonds;
(2) the right of:
(A) taxpayers and voters to remonstrate against the issuance of
bonds, in the case of a proposed bond issue described by IC 6-1.1-20-3.1(a); or
(B) voters to vote on the issuance of bonds, in the case of a
proposed bond issue described by IC 6-1.1-20-3.5(a);
(3) the appropriation of the proceeds of the bonds and the
approval of the appropriation by the department of local
government finance; and
(4) the sale of bonds at public sale for not less than par value;
are applicable to proceedings under this chapter.
As added by Acts 1981, P.L.88, SEC.13. Amended by
P.L.90-2002, SEC.319; P.L.219-2007, SEC.93; P.L.146-2008,
SEC.362.