2018 Indiana Code
TITLE 6. Taxation
ARTICLE 1.1. PROPERTY TAXES
CHAPTER 20. Procedures for Issuance of Bonds and Other Evidences of Indebtedness by Political Subdivisions
6-1.1-20-2. Lease obligations and issuance of instruments authorized

Universal Citation: IN Code § 6-1.1-20-2 (2018)
IC 6-1.1-20-2 Lease obligations and issuance of instruments authorized

     Sec. 2. A political subdivision may, subject to the limitations provided by law, issue any bonds, notes, or warrants, or enter into any leases or obligations that it considers necessary.

[Pre-1975 Property Tax Recodification Citation: 6-1-1-25 part.]

Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.25-1995, SEC.47.

 

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