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2017 Indiana Code
TITLE 12. Human Services
ARTICLE 29. FINANCING LOCAL PROGRAMS
CHAPTER 2. Community Mental Health Centers
12-29-2-19. County property of building if bond issued; nonapplication of tax limitations
Universal Citation: IN Code § 12-29-2-19 (2017)
IC 12-29-2-19 County property of building if bond issued; nonapplication of tax limitations
Sec. 19. If bonds are issued under this chapter:
(1) the building that is constructed, equipped, or improved with proceeds of the bonds is:
(A) the property of the county issuing the bonds; or
(B) the joint property of the counties involved if the bonds are issued by at least two (2) counties; and
(2) the tax limitations in this chapter do not apply to the levy of taxes to pay the bonds and the interest on the bonds.
As added by P.L.78-2004, SEC.20.
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