Sec. 11. If an issuer is authorized by statute to issue obligations and to make payments of principal and interest to owners of those obligations from any source, the issuer is authorized to pay fees and charges associated with the issuance of the obligations from that source, including the payment of fees and charges associated with obtaining and enforcing credit enhancement for the obligations.
As added by P.L.2-1989, SEC.9.
Structure Indiana Code
Title 5. State and Local Administration
Article 1. Bonds and Other Obligations
Chapter 14. Miscellaneous Provisions
5-1-14-1. Bonds, Notes, or Warrants Not Subject to Maximum Interest Rate Limitations
5-1-14-1.5. Obligations Defined
5-1-14-2. Provisions for Payment of Bonds, Notes, or Warrants Before Maturity Date
5-1-14-3. Maintenance of Federal Tax Exclusion From Gross Income for Interest on Bonds
5-1-14-4. Pledge Made by Issuer Binding; Lien
5-1-14-5. Bond Anticipation Notes; Issuance
5-1-14-7. Application of Section; Stadium; Lease Rental Tax
5-1-14-8. Money Withheld by Auditor as Not Creating Debt for Constitutional Purposes
5-1-14-9. Rights of Owners of Obligations Not to Be Impaired
5-1-14-10. Maximum Term or Repayment Period of Obligations; Continuation of Payments
5-1-14-11. Payment of Fees and Charges Authorized
5-1-14-12. Refunding Obligations
5-1-14-12.5. Purchase and Issuance of Obligations on Terms Reasonable to Issuer
5-1-14-13. Contesting Validity of Obligations
5-1-14-14. Loans, Expenditures, and Issuance of Bonds for Economic Development
5-1-14-15. Bonds and Obligations to Fund Pension Benefits