Issuance of Revenue Bonds

Checkout our iOS App for a better way to browser and research.

Sec. 1. A district may obtain money for the payment of the costs of the works or an improvement, enlargement, or extension of the works by the issuance of revenue bonds of the district. The principal and interest of the revenue bonds must be paid solely from the net revenues of the works.

[Pre-1996 Recodification Citation: 13-3-2-16(a) part.]

As added by P.L.1-1996, SEC.16.


Download our app to see the most-to-date content.