Indiana Code
Chapter 2. Community Mental Health Centers
12-29-2-19. County Property of Building if Bond Issued; Nonapplication of Tax Limitations

Sec. 19. If bonds are issued under this chapter:
(1) the building that is constructed, equipped, or improved with proceeds of the bonds is:
(A) the property of the county issuing the bonds; or
(B) the joint property of the counties involved if the bonds are issued by at least two (2) counties; and
(2) the tax limitations in this chapter do not apply to the levy of taxes to pay the bonds and the interest on the bonds.
As added by P.L.78-2004, SEC.20.

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