Sec. 16. (a) This chapter contains full and complete authority for the issuance of bonds. No law, procedure, proceeding, publication, notice, consent, approval, order, or act by the board of any other officer, department, agency, or instrumentality of the state or of any political subdivision is required to issue any bonds, except as prescribed by this chapter.
(b) Bonds issued under this chapter are legal investments for private trust funds and the funds of banks, trust companies, insurance companies, building and loan associations, credit unions, banks of discount and deposit, savings banks, loan and trust and safe deposit companies, rural loan and savings associations, guaranty loan and savings associations, mortgage guaranty companies, small loan companies, industrial loan and investment companies, and other financial institutions organized under Indiana law.
As added by P.L.84-1987, SEC.14. Amended by P.L.42-1993, SEC.98.
Structure Indiana Code
Article 7. Planning and Development
Chapter 15.3. Redevelopment Authority in Marion County
36-7-15.3-1. Application of Chapter
36-7-15.3-2. "Authority" Defined
36-7-15.3-5. "Commission" Defined
36-7-15.3-6. "Local Public Improvement" Defined
36-7-15.3-7. Additional Purposes; Prohibitions
36-7-15.3-8. Additional Powers
36-7-15.3-8.5. Redevelopment Authority Subject to Open Government Laws
36-7-15.3-8.6. Electronic Meetings
36-7-15.3-9. Refunding of Bonds
36-7-15.3-10. Requirements for Lease of Local Improvements to Commission
36-7-15.3-11. Authorization for Leases Between the Authority and Commission; Exception
36-7-15.3-12. Local Public Improvements; Plans and Specifications
36-7-15.3-13. Common Wall or Other Agreements
36-7-15.3-14. Local Public Improvement; Sale or Nominal Rental to Authority
36-7-15.3-15. Issuance of Bonds; Purpose; Conditions
36-7-15.3-16. Issuance of Bonds; Full and Complete Authority; Status
36-7-15.3-17. Trust Indenture; Provisions
36-7-15.3-18. Option to Purchase Leased Property; Bonds