2020 Indiana Code
Title 36. Local Government
Article 2. Government of Counties Generally
Chapter 6. Fiscal Administration
36-2-6-20. Issuance of Bonds, Notes, or Warrants; Requirements; Disposition of Proceeds and Delivery of Instruments

Universal Citation: IN Code § 36-2-6-20 (2020)

Sec. 20. (a) Whenever any county bonds, notes, or warrants are to be issued, the county auditor must:

(1) supervise the preparation and engraving or printing of the bonds, with the advice of an attorney representing the county; and

(2) deliver the bonds to the county treasurer, who shall be charged with them.

(b) Each county bond, note, or warrant must contain a reference to the ordinance authorizing it, including the date of adoption of that ordinance.

(c) All bonds, notes, or warrants of the county must be executed by the board of commissioners of the county and attested by the county auditor. Money received for the bonds, notes, or warrants shall be paid to the county treasurer, who shall then deliver the bonds, notes, or warrants to the persons entitled to receive them.

(d) Tax anticipation warrants are payable at the office of the county treasurer or at one (1) of the authorized depositories of the county, as checks or other warrants of the county are payable, upon presentation on or after their maturity date. All interest on tax anticipation warrants ceases upon their maturity.

[Pre-Local Government Recodification Citations: 17-1-24-39 part; 17-3-79-1 part.]

As added by Acts 1980, P.L.212, SEC.1. Amended by P.L.137-1989, SEC.15.

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