Sec. 2. A district obtaining a loan from the federal government or an agency of the federal government may issue obligations under this article to the federal government or agency to evidence the indebtedness without advertising for or receiving bids. The obligations:
(1) are payable solely from the net revenues of the works; and
(2) may be made of equal priority or subordinate to other revenue bonds issued or to be issued under this article or IC 13-3-2 (before its repeal).
[Pre-1996 Recodification Citation: 13-3-2-16(b).]
As added by P.L.1-1996, SEC.16.
Structure Indiana Code
Article 26. Regional Water, Sewage, and Solid Waste Districts
13-26-10-1. Issuance of Revenue Bonds
13-26-10-2. Loans From Federal Government
13-26-10-4. Revenue Bonds; Principal and Interest
13-26-10-5. Revenue Bonds; Terms
13-26-10-6. Execution and Attestation of Bonds
13-26-10-7. Revenue Bonds; Sale Procedure
13-26-10-8. Revenue Bonds; Disposition of Proceeds
13-26-10-9. Temporary Revenue Bonds
13-26-10-10. Loans From Federal or State Agency
13-26-10-11. Action to Contest Validity of Bonds
13-26-10-12. Issuance of Additional Bonds
13-26-10-13. Trust Indenture to Secure Bonds
13-26-10-14. Contents of Ordinance Authorizing Revenue Bonds
13-26-10-15. Ordinance Authorizing Revenue Bonds
13-26-10-16. Trust Indenture; Rights and Remedies of Bondholder and Trustee
13-26-10-17. Payment of Bond Sale Proceeds and Revenue of Works