Indiana Statutes

§ 8-18-21-6 — Revenue bonds; resolution; interest; maturity

Indiana·Art. 18 COUNTY ROADS─FINANCING AND BONDING·Ch. 21 County Toll Road Financing

The revenue bonds must be authorized by resolution of the board. The bonds:

(1)bear interest payable semiannually; and
(2)mature serially, either annually or semiannually, at times determined by the resolution authorizing the bonds.

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Legislative History

As added by P.L.386-1987(ss), SEC.21.

Nearby Sections

15
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