Revenue Bonds; Principal and Interest

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Sec. 4. The principal and interest of revenue bonds may be made payable in any lawful medium. The ordinance must do the following:

(1) Determine the form of the bonds, including the interest coupons, if any, to be attached.

(2) Fix the denomination or denominations of the bonds and the place or places of payment of the principal and interest, which may be any bank or trust company within or outside Indiana.

[Pre-1996 Recodification Citation: 13-3-2-17(b).]

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


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