Sec. 45. (a) Temporary loans may be authorized and made by the board of trustees in anticipation of the collection of taxes of the corporation actually levied and in course of collection for the fiscal year in which the loans are made. The loans shall be authorized by ordinance and evidenced by warrants in the form provided by the ordinance. The warrants must state the following:
(1) The total amount of the issue.
(2) The denomination of the warrant.
(3) The time and place the warrant is payable.
(4) The rate of interest not exceeding five percent (5%).
(5) The funds in anticipation of which the warrants are issued and out of which the warrants are payable.
(6) A reference to the ordinance authorizing the warrant and the date of the warrant's passage.
(b) The ordinance authorizing the temporary loans shall appropriate and pledge sufficient current revenue in anticipation of which the warrants are issued and out of which the warrants are payable. The warrants evidencing the temporary loans shall be executed, sold, and delivered as the bonds of the corporation.
[Pre-1993 Recodification Citation: 16-12-21-40.]
As added by P.L.2-1993, SEC.5.
Structure Indiana Code
Chapter 8. Health and Hospital Corporation of Marion County
16-22-8-1. Administrative Adjudication, Decision, or Order Defined
16-22-8-2.5. "Building Authority"
16-22-8-4. Division Director Defined
16-22-8-6.5. Other Powers of the Governing Board
16-22-8-7. Governing Board; Exercise of Powers
16-22-8-8. Governing Board; Membership; Qualifications
16-22-8-9. Governing Board; Appointment of Members; Term
16-22-8-9.1. Governing Board Membership Limitation
16-22-8-10. Governing Board; Vacancies; Party Affiliation
16-22-8-11. Governing Board; Impeachment of Member
16-22-8-12. Governing Board; Conflicts of Interest
16-22-8-13. Governing Board; Employment Conflicts
16-22-8-14. Governing Board; Compensation of Members; Waiver of Compensation
16-22-8-15. Governing Board; Regular and Special Meetings
16-22-8-17. Governing Board; Quorum; Meeting Records
16-22-8-18. Documents and Records; Public Inspection
16-22-8-19. Governing Board; Rules of Procedure
16-22-8-20. Ordinance; Introduction of Proposal
16-22-8-21. Ordinance; Notice of Pendency of Proposal
16-22-8-22. Ordinance; Copies of Proposal for Public Inspection
16-22-8-23. Ordinance; Scheduled Meeting; Action or Postponement
16-22-8-24. Ordinance; Adoption at Public Meeting; Hearing
16-22-8-25. Ordinance; Designation of Effective Date
16-22-8-26. Ordinance; Copies for Public; Codification; Publication or Electronic Format
16-22-8-27. Executive Director; Term; Qualifications; Service as Board Secretary
16-22-8-28. Creation of Divisions; Functions
16-22-8-29. Agreements to Operate Facilities
16-22-8-30. Public Health Division; Director; Term; Qualifications
16-22-8-31.7. Appeal of Enforcement Action Options; Waiver
16-22-8-32. Public Hospitals Division; Director; Term; Qualifications
16-22-8-35. Accounts and Records
16-22-8-35.5. Hospital Employee Salary Information
16-22-8-37. Territorial Extent of Corporate Powers
16-22-8-38. Transfer of Powers and Duties From Other Political Subdivision
16-22-8-39. Privileges and Use of Hospital; Discrimination
16-22-8-40. Additional Hospitals; Improvements to Existing Hospitals
16-22-8-41. Cumulative Building Fund
16-22-8-43. Bonds; Sale and Issuance
16-22-8-44. Bonds to Fund or Refund Judgment
16-22-8-45. Tax Anticipation Warrants
16-22-8-47. Withdrawal of Funds
16-22-8-51. Tax Assessment and Collection
16-22-8-52. Board of Finance Functions
16-22-8-53. Surety Bond of Officers and Employees
16-22-8-55. Borrowing Powers; Use of Funds; Loan Negotiations; Appeal