Ind. Code § 13-21-11-1

Current through P.L. 171-2024

Section 13-21-11-1 - Anticipation notes

A district:

(1) pending receipt of a grant; or

(2) in anticipation of the issuance of bonds under this article;

may borrow money from any person and evidence the debt by a note or notes executed by the chairperson of the board and the controller of the district and containing the terms and provisions prescribed by the board.

IC 13-21-11-1

Pre-1996 Recodification Citation: 13-9.5-9-7(a).

As added by P.L. 1-1996, SEC.11.