Ind. Code § 8-14-9-12

Current through P.L. 171-2024
Section 8-14-9-12 - Bonds; tax exemption; application of laws

All bonds and interest on bonds issued under this chapter are exempt from taxation as provided under IC 6-8-5-1. All general laws relating to:

(1) the filing of a petition requesting the issuance of bonds;
(2) the right of:
(A) taxpayers and voters to remonstrate against the issuance of bonds, in the case of a proposed bond issue described by IC 6-1.1-20-3.1(a); or
(B) voters to vote on the issuance of bonds, in the case of a proposed bond issue described by IC 6-1.1-20-3.5(a);
(3) the appropriation of the proceeds of the bonds and the approval of the appropriation by the department of local government finance; and
(4) the sale of bonds at public sale for not less than par value;

are applicable to proceedings under this chapter.

IC 8-14-9-12

As added by Acts1981 , P.L. 88, SEC.13. Amended by P.L. 90-2002, SEC.319; P.L. 219-2007, SEC.93; P.L. 146-2008, SEC.362.