2019 Indiana Code
Title 6. Taxation
Article 1.1. Property Taxes
Chapter 21.4. Rainy Day Fund Loans for Eligible School Corporations
6-1.1-21.4-6. Loan is not bonded indebtedness

Universal Citation: IN Code § 6-1.1-21.4-6 (2019)
IC 6-1.1-21.4-6 Loan is not bonded indebtedness

Sec. 6. A loan under this chapter is not bonded indebtedness for purposes of IC 6-1.1-18.5 or IC 6-1.1-20.

As added by P.L.131-2008, SEC.5. Amended by P.L.145-2012, SEC.20.

Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.